Topic: Purpose of a Subsidiary Ledger
Answers to Common Questions
What purpose does a subsidiary ledger serve?
It serves the purpose of serving the Queen of Serbia and no other Queen - no exceptions. Read More »
Source: http://wiki.answers.com/Q/What_purpose_does_a_subsidiary_ledger_s...
What is a subsidiary ledger and what purpose does it serve?
A subsidiary ledger contains the details to support a general ledger control account. A subsidiary ledger records all the detailed data for any general ledger account that has many individual subaccounts. What are some commonly used subsidi... Read More »
Source: http://wiki.answers.com/Q/What_is_a_subsidiary_ledger_and_what_pu...
How to Open a Subsidiary Accounting Ledger
A subsidiary ledger is an accounting journal that gives a more detailed view of items on the general ledger. The most common types of subsidiary ledgers are accounts receivable and accounts payable subsidiary ledgers. The accounts receivabl... Read More »
Source: http://www.ehow.com/how_6801505_open-subsidiary-accounting-ledger...
Answers to Other Common Questions
subsidary ledger Read More »
Source: http://wiki.answers.com/Q/What_is_the_example_of_subsidiary_ledge...
its a ledger which contains a personal account for every debtor who owes some money to a business Read More »
Source: http://wiki.answers.com/Q/What_is_a_subsidiary_debtor_ledger
Details of an account that support the amount in the general ledger. See also accounts payable ledger ; accounts receivable ledger . Read More »
Source: http://www.answers.com/topic/subsidiary-ledger-in-accounting
accounts receivable ledger, accounts payable ledger, notes receivable ledger, notes payable ledger and equipment subsidiary ledger Read More »
Source: http://wiki.answers.com/Q/What_are_5_types_of_subsidiary_ledgers
time consuming Read More »
Source: http://wiki.answers.com/Q/What_are_the_disadvantages_of_using_sub...
When using a General Ledger, accounts such as Accounts Payable or Accounts Receivable are much easier to work with in the General Ledger if they have a "single" sum of all accounts, in other words for example you have 100 customers that owe... Read More »
Source: http://wiki.answers.com/Q/What_are_the_advantages_of_using_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 ledgers and are used to check the accuracy of those entri... Read More »
Source: http://wiki.answers.com/Q/Are+accounts+receivable+and+accounts+pa...
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