Which of the following may NOT be a subsidiary ledger?
A) creditors
B) property,plant and equipment
C) finished goods inventory
D) cost of goods sold.

Name: Which of the following may NOT be a subsidiary ledger? A) creditors B) property,plant and equipment C) finished goods inventory D) cost of goods sold.
Brand: Quizplus
Rating: 4.7 (34 reviews)

Question

Quizplus · Accepted Answer

Cost of goods sold is an income statement account and not a subsidiary ledger, which typically contains detailed information about specific accounts like creditors or inventory.

Which of the Following May NOT Be a Subsidiary Ledger