loader  Loading... Please wait...

Question(s) / Instruction(s):

A subsidiary ledger is

a)            used in place of the general ledger if the general ledger is destroyed or stolen.

b)            a group of accounts used by branches and subsidiaries of a corporate business.

c)            a group of accounts with a common characteristic that provides detailed information about a control account in the general ledger.

d)            used to post excess transactions if a general ledger account becomes full during an accounting period.

Find Similar Answers by Subject

Student Reviews

Rate and review your solution! (Please rate on a Scale of 1 - 5. Top Rating is 5.)

Expert's Answer
Download Solution:

This solution includes:

  • Plain text
  • Cited sources when necessary
  • Attached file(s)
  • Solution Document(s)

You Recently Viewed...

Reach Us