Does the AP ledger require a subsidiary ledger?

Answer

The AP ledger, otherwise known as the accounts payable ledger, does not require a subsidiary ledger, however it can be very useful. The subsidiary ledger is simply a group of related accounts that equal the balance in a particular general ledger account when they are combined. This method is especially useful if someone's business has a high volume of payable activity. Without utilizing a subsidiary ledger, the particulars of the payable activities could accidentally be lost in a standard general ledger.
Q&A Related to "Does the AP ledger require a subsidiary ledger..."
Companies incorporate several types of subsidiary ledgers in their accounting systems. Common subsidiary ledgers include an accounts receivable ledger and an accounts payable ledger
http://www.ehow.com/info_8260436_advantages-subsid...
A control account is an account found in the general ledger such as accounts receivable,accounts payable,inventory etc. The accounts are a summation of entries made in the subsidiary
http://wiki.answers.com/Q/When_does_the_ap_ledger_...
Details of an account that support the amount in the general ledger. See also accounts payable ledger ; accounts receivable ledger .
http://www.answers.com/topic/subsidiary-ledger-in-...
Not
http://www.chacha.com/question/what-is-an-subsidia...
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