As long as a company accurately records total credit sales information,it is not necessary to have separate accounts for specific customers.

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Ashlyn Josaphat · Accepted Answer

Final Answer : False, Explanation :  Separate accounts for specific customers are necessary for tracking individual balances, managing credit risk, and providing detailed transaction history, which cannot be achieved by only recording total credit sales.

As long as a company accurately records total credit sales information,it is not necessary to have separate accounts for specific customers.

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