Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Accounting Ch 11
Chapter 11 Terms
| Question | Answer |
|---|---|
| Subsidiary Ledger | a ledger that is summarized in a single general ledger account |
| Accounts payable ledger | a subsidiary ledger containing only accounts for vendors from whom items are purchased or bought on account |
| Accounts receivable ledger | a subsidiary ledger containing only accounts for charge 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 |
| Schedule of accounts receivable | a listing of customer accounts, account balances, and total amount due from all customers |
Created by:
Nrobinson
Popular Accounting sets