How do on-account and unapplied receipts appear on statements?

All receipts, including on-account and unapplied receipts, appear on the statement of the corresponding bill-to site.

If you create a statement site for the customer, then Receivables summarizes on-account and unapplied receipts as credits and prints them on a separate page of the consolidated statement, before a summarized listing of subtotals for each of the customer bill-to sites.