It is a professionally used tool that businesses use these days for record-keeping purposes. When customers buy products from a business on credit, they are given an account that they own in the business. A business keeps track of all the credit it is yet to receive from its customers in the receivables ledger.A sales ledger is one of the most important tools of a business, as it makes the accounting system of the company smooth and also helps the business monitor and manage all the money that is to…
Read MoreAccounts Receivable Ledger
