Accounting Ch.11
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Subsidiary Ledger | A ledger that is summarized in single general ledger account
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Accounts Payable Ledger | A subsidiary ledger containing only accounts for vendors from whom merchandise is purchased on account or other items are bought on account
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Accounts Receivable Ledger | A subsidiary ledger containing only accounts for charge customers
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Controlling Account | An account in a general ledger that summarizes all accounts in a subsidiary ledger
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Schedule of Accounts Payable | A listing of vendor accounts, account balances, and total amount due all vendors
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Schedule of Account Receivable | A listing of customer accounts, account balances, and total amount due from all customers
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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