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Chapter 2
Accounting for Receivables
AS-3 (
4
)
How can the subsidiary ledger assist in managing a company’s accounts receivable?
AS-4 (
4
)
Explain the relationship between the accounts receivable control account and individual
customer accounts in the accounts receivable subledger.
AS-5 (
1
7
)
What is the difference between accounts receivable and notes receivable?
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