Subsidiary Ledger
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Description
A ledger containing separate accounts for each of the items making up the balance of a control account in the general ledger. The total of the account balances is a subsidiary ledger is equal to the balance in the general ledger control account.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Subsidiary ledger
Learning Material
Covered in Topic(s)
| Merchandising Activities |