Schedule of accounts receivable

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Schedule of accounts receivable is a list of the customers, in alphabetical order, that have an outstanding balance in the accounts receivable subsidiary ledger. This total should be equal to the balance of Accounts Receivable in the general ledger at the end of the month.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Schedule of accounts receivable. A list of the customers, in alphabetical order, that have an outstanding balance in the accounts receivable subsidiary ledger. This total should be equal to the balance of the Accounts Receivable controlling account in the general ledger at the end of the month.

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