Term
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Definition
a ledger that is summarized in a singel general ledger account |
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Term
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Definition
a subsidiary ledger containing only accounts for vendors from whom merchandise or otheritems are purchased on account |
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Term
Accounts Receivable Ledger |
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Definition
a subsidiary ledger containing only accounts for charge customers |
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Term
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Definition
an account in a general ledger that summarizes all accounts in a subsidiary ledger |
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Term
Schedule of Accounts payable |
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Definition
a litsing of vendor accounts, account balances, and total amount due all vendors |
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Term
Schedule of Accounts Receivable |
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Definition
a listing of customer accounts, account balances, and total amount due from all customers |
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