Term
| Subsidiary Ledgers (purpose of) |
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Definition
| a large number if individual accounts with a common characteristic in a separate ledger |
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Term
| General Ledgers (purpose of) |
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Definition
| The primary ledger that contains all of the balance sheet and income statement accounts |
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Term
| Subsidiary first type of account |
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Definition
| accounts receivable subsidiary ledger (customers ledger) |
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Term
| Subsidiary second type of account |
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Definition
| accounts payable subsidiary ledger (creditors ledger) |
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Definition
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Term
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Definition
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Term
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Definition
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Term
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Definition
Sales
Cost of Goods
Gross Margin
Operating Expenses
Other
Net Income |
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Term
| What goes to the addition for books in Bank Reconciliation? |
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Definition
| Interest Earned, Notes Collected |
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Term
| What goes to the subtraction for books in Bank Reconciliation? |
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Definition
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Term
| What goes to the addition for bank in Bank Reconciliation? |
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Definition
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Term
| What goes to the subtraction for bank in Bank Reconciliation? |
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Definition
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Term
| Acronym for Multi-step income? |
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Definition
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