Account Receivable Subsidiary Ledger
The accounts receivable ledger shows the total amount receivable from all of a business' customers. The accounts receivable subsidiary ledger, on the other hand, is used to monitor and calculate amounts due from individual customers. The total of all the subsidiary ledger balances will equal the total in the controlling account entitled Accounts Receivable. The subsidiary ledger is simply a listing of all the customers and the balance they owe, the total of which is reflected in the Asset account controlling account entitled Accounts Receivable.
