Term
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Definition
| A ledger that is summarized in a single 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 other items 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 listing of vendor accoutns, account balances, and total amount due all vendors. |
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