Recommended textbooks for you Show  College Accounting (Book Only): A Career Approach ISBN:9781337280570 Author:Scott, Cathy J. Publisher:South-Western College Pub Financial Accounting ISBN:9781337272124 Author:Carl Warren, James M. Reeve, Jonathan Duchac Publisher:Cengage Learning Accounting ISBN:9781337272094 Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E. Publisher:Cengage Learning, Accounting Information Systems ISBN:9781337619202 Author:Hall, James A. Publisher:Cengage Learning, Principles of Accounting Volume 1 ISBN:9781947172685 Author:OpenStax Publisher:OpenStax College Financial Accounting ISBN:9781305088436 Author:Carl Warren, Jim Reeve, Jonathan Duchac Publisher:Cengage Learning College Accounting (Book Only): A Career Approach ISBN:9781337280570 Author:Scott, Cathy J. Publisher:South-Western College Pub Financial Accounting ISBN:9781337272124 Author:Carl Warren, James M. Reeve, Jonathan Duchac Publisher:Cengage Learning Accounting ISBN:9781337272094 Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E. Publisher:Cengage Learning, Accounting Information Systems ISBN:9781337619202 Author:Hall, James A. Publisher:Cengage Learning, Principles of Accounting Volume 1 ISBN:9781947172685 Author:OpenStax Publisher:OpenStax College Financial Accounting ISBN:9781305088436 Author:Carl Warren, Jim Reeve, Jonathan Duchac Publisher:Cengage Learning 62. A subsidiary ledger that contains a separate account for each party that grants credit on account to the business is called a(n):A.Controlling account.B.Accounts Receivable Ledger.C.Accounts Payable Ledger.D.Merchandise Inventory Ledger.E.Accounts Payable.Page 20 of 34 Difficulty: EasyLarson - Chapter 08 #62Learning Objective: 3Type: Knowledge63. An Accounts Receivable ledger is: Difficulty: ModerateLarson - Chapter 08 #63Learning Objective: 3Type: Knowledge64. The use of an Accounts Payable controlling account: Difficulty: ModerateLarson - Chapter 08 #64Learning Objective: 3Type: Knowledge We have textbook solutions for you!The document you are viewing contains questions related to this textbook. Fraud Examination Albrecht/Albrecht Expert Verified 65. The accounts receivable ledger: Difficulty: HardLarson - Chapter 08 #65Learning Objective: 3Type: Knowledge66. The ledger that contains the financial statement accounts of a business is the:A.Columnar journal.B.Accounts payable ledger.C.General journal.D.General ledger.E.Subsidiary ledger. Difficulty: EasyLarson - Chapter 08 #66Learning Objective: 3Type: Knowledge67. The accounts payable account in the general ledger is: Difficulty: ModerateLarson - Chapter 08 #67Learning Objective: 3Type: Knowledge What is another name for subsidiary ledger?A subsidiary ledger is also known as a subledger or a subaccount.
What is a separate ledger account?What is a Ledger Account? A ledger account contains a record of business transactions. It is a separate record within the general ledger that is assigned to a specific asset, liability, equity item, revenue type, or expense type.
What is a creditors subsidiary ledger?This ledger shows the transaction history of a particular business and the amount of owes its suppliers, as well as current and outstanding accounts payable. An accounts payable subsidiary ledger is also called creditors' ledger or AP subledger (subaccount).
What is a subsidiary ledger that contains a separate account for each supplier creditor to the company?A subsidiary ledger that contains a separate account for each supplier (creditor) to the company is a(n): Accounts payable ledger. An accounts payable ledger is: A subsidiary ledger that contains an account for each supplier (creditor).
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A subsidiary ledger that contains a separate account for each creditor is called a(n):
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