Which items are included in the subsidiary ledger?

• A. Tracking information of the outstanding orders with inventory on the backorder
• B. The account number and name with a description of items purchased
• C. The quantities of items shipped and whether the customer received the correct merchandise
• D. Customer name, customer address, current balance, available credit, transaction dates, invoice numbers, credit for payments, returns

Answer: (D)

Subsidiary ledgers provide detailed, customer-specific information that supports the general ledger control accounts. For accounts receivable, the subledger should track each customer's activities and balance, including who the customer is (name and address), the current amount owed, the available credit, and the sequence of transactions—dates, invoice numbers, credits for payments, and any returns. This level of detail lets you reconcile the AR subledger to the general ledger and manage customer accounts effectively.

The other options describe records not aligned with accounts receivable detail: tracking inventory backorders relates to inventory management, item descriptions relate to product or customer master data, and shipment/receiving details pertain to order fulfillment, not the AR subledger.