When there are a large number of individual accounts with a common characteristic, it is common to place them in a separate ledger called a(n)

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When there are a large number of individual accounts with a common characteristic, such as accounts receivable from different customers, it is common to place them in a separate ledger called a subsidiary ledger. This allows for easier management and organization of the accounts, and allows for easier analysis of the overall characteristic of the accounts. The subsidiary ledger ultimately feeds into the general ledger, which contains summary information from all the subsidiary ledgers combined.

When There Are a Large Number of Individual Accounts with a Common