11 - Vocabulary | Flashcards

Question	Answer
accounts payable ledger	subsidiary ledger containing only accounts for vendors from whom merchandise or other items are purchased on account
accounts receivable ledger	a subsidiary ledger containing only accounts for charge customers
controlling account	an account in a general ledger that summarizes all accounts in a subsidiary ledger
schedule of accounts payable	a listing of vendor accounts, account balances, and total amount due all vendors
schedule of accounts receivable	a listing of customer accounts, account balances, and total amount due from all customers
subsidiary ledger	a ledger that is summarized in a single general ledger account

11 - Vocabulary

	Created by bcarl@hassk12.org about 9 years ago