A record showing the activity and the balances owed by each customer is called the:

A) accounts payable journal.
B) sales journal.
C) bank journal.
D) accounts receivable subsidiary ledger.

Accounts Receivable Subsidiary Ledger

A book or file that contains the individual records, in alphabetical order, of amounts owed by various credit customers.

Accounts Payable Journal

A ledger that records all short-term obligations or debts a company owes to suppliers and creditors.

Sales Journal

A specialized journal used to record all of a company's sales on credit.