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Zenchapter12
Voc.
Question | |
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Subsidiary Leadger | A ledger taht is summarized in a single general ledger account |
Accounts Payable ledger | A subsidiary ledger containing olnly accounts for vendors from whom items are purchased or bought on account |
Accounts Receivable Leader | A subsidiary ledger containing only accounts for chargve customers |
Controlling Account | An account in a general ledger that summarizes all accounts in a subsidiary ledger |
Schedule of accounts payable | A listing of vendor accounts, account balances, and total amount due all vendors |
Shedule of accounts receivalble | A listing of customer accounts, account balances, and total amount due from all customers. |