Term
|
Definition
| a ledger that is summarized in a single general ledger account |
|
|
Term
|
Definition
| a subsidiary containing only accounts for vendors from whom items are purchased or bought on account |
|
|
Term
| Accounts receivable ledger |
|
Definition
| a subsidiary ledger containing only accounts for charge customers |
|
|
Term
|
Definition
| an account in a general ledger that summarizes all accounts in a subsidiary ledger |
|
|
Term
| Schedule of accounts payable |
|
Definition
| a listing of vendor accounts, account balances, and total amount due all vendors |
|
|
Term
| Schedule of accounts receivable |
|
Definition
| a listing of customers accounts, account balances, and total amount due from all customers |
|
|
