? In AccountingA subsidiary ledgera) Replaces the general ledgerb) Contains only summary entriesc) Provides detailed records supporting a controlaccountd) Is optional in all cases

Explanation of Subsidiary Ledger: A subsidiary ledger is a detailed accounting record that supports…

Answered: In Accounting A subsidiary ledger a)…

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter9: Sales And Purchases

Section: Chapter Questions

Problem 5E: Post the following entry to the general ledger and the subsidiary ledger.

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[Based on Appendix C] Explain the difference between the general ledger and a subsidiary ledger.
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In Accounting A subsidiary ledger a) Replaces the general ledger b) Contains only summary entries c) Provides detailed records supporting a control account d) Is optional in all cases