The account payable subsidiary ledger is the accounting ledger that is used to document the transaction histories of a company's suppliers. For each supplier, it show the amount of money owned by the company as a result of goods that the suppliers give to them on credit. Account payable ledger is used to document the amount payable to suppliers.
cost per check account I think not completely sure... sorry:(
Answer:
$383,565
Explanation:
For the computation of accounts receivable balance first we need to find out the number of days which is shown below:-
Number of a day = Sales ÷ Number of days in a year
= $4,000,000 ÷ 365
= $10,959
Now
Accounts receivable balance
= Days × Number of day
s
= 35 × $10,959
= $383,565
Therefore for computing the accounts receivable balance we simply applied the above formula.
Here we assume the number of days in a year is 365