Acctg I - Ch 12
| Description: | Maplewood Rice Acctg Vocab Ch 12 |
| Category: | Accounting |
| Created by: | lrice@penncrest.org on 2009-03-19 |
| Question | Answer |
| A ledger that is summarized in a single general ledger account | subsidiary ledger |
| A subsidiary ledger containing only accounts for vendors (purchases) | accounts payable ledger |
| A subsidiary ledger containing only accounts for customers (sales) | accounts receivable ledger |
| An account in a general ledger that summarizes all accounts in a subsidiary ledger | controlling account |
| A listing of vendor accounts, balances and amounts due | schedule of accounts payable |
| A listing of all customer accounts, balances and amounts due | schedule of accounts receivable |
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