Common subsidiary ledgers include
A) accounts payable, accounts receivables, inventory, and a general one.
B) inventory, payroll, long lived assets, and a general one.
C) inventory, accounts receivable, and payroll.
D) general accounts, accounts payable, and long-lived assets.
Correct Answer:
Verified
Q91: Daily postings are made from the sales
Q92: All receipts of cash are recorded in
Q93: The sales journal is used to record
Q94: A subsidiary ledger is used to
A) track
Q95: The sales journal is used to record
Q97: A good control practice would be to
Q98: Posting to the individual accounts in the
Q99: Having a sales journal means that only
Q100: Entries in the cash payments journal are
Q101: In order to have good internal control,
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