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Zenchapter12

Voc.

Question
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.
Created by: miguel900
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