Which account is least likely to have a subsidiary ledger?
A)sales
B)accounts receivable
C)fixed assets
D)inventory

Name: Which account is least likely to have a subsidiary ledger? A)sales B)accounts receivable C)fixed assets D)inventory
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Question

Quizplus · Accepted Answer

Sales accounts typically do not have subsidiary ledgers because they are not broken down into individual customer accounts or detailed records like accounts receivable, fixed assets, or inventory might be.

Which Account Is Least Likely to Have a Subsidiary Ledger