A subsidiary ledger is:
A)an accounting journal designed to record a specific type of transaction.
B)a created list of the accounts used by a business entity to define each class of items for which cash is spent or received.
C)a complete record of business transactions recorded in a ledger over the life of a company.
D)a record of accounts that provide supporting details on individual balances, the total of which appears in a general ledger account.

Question

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A subsidiary ledger is a record of accounts that provide supporting details on individual balances, the total of which appears in a general ledger account. It is used to help organize and manage a company's accounting information by providing detailed information on specific accounts, such as accounts receivable or accounts payable.

A Subsidiary Ledger Is