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chapter11-SA

QuestionAnswer
subsidary ledger a ledger that is summarized in a single gerenal ledger account
acounts payable ledger a subsidiarty ledger containing only accounts for vendors fromw hom merchandise or other itesm are purchased on account
acounts recviable ledger a subsidiary ledger containing only accounts for charge accounts
controlling account an account in a gereral ledger that summarixes all accounts in a subsidiary ledger
schedule of accounts payable a listing of vendors accounts account balances and total amount due all vendors
schedule of accounts receivable a list of customer accounts account balances and total amount due from all customers
Created by: ash.s