Multiple Choice
A subsidiary ledger is ________.
A) an accounting journal designed to record a specific type of transaction
B) a created list of accounts used by a business entity to define each class of items for which cash is spent or received
C) a complete record of business transactions recorded in a ledger over the life of a company
D) a record of accounts that provide supporting details on individual balances, the total of which appears in a general ledger account
Correct Answer:
Verified
Correct Answer:
Verified
Q37: Match each term to its definition.<br>-Relevance<br>A)Can accommodate
Q38: Which of the following is TRUE of
Q39: Which of the following is TRUE of
Q40: In a computerized accounting information system,all data
Q41: Southeastern Company sold merchandise for $4,450 to
Q43: Which of the following is NOT included
Q44: Which of the following is TRUE of
Q45: Entries from the purchases journal are posted
Q46: Triangle Company sold a product on credit
Q47: Which of the following is a benefit