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Libri Consociata

  • Note di Apprendimento
  • Revisione degli argomenti
    Santosh K.
    QA
    Santosh K.

    done

    BabaJide Martins F.
    TR
    BabaJide Martins F.

    The subsidiary ledger is a supplement to the general ledger, continuing specific information about the individual debtors, creditors, stock and other items.

    Alice B.
    GQ
    Alice B.

    Has subsidiary ledgers got disadvantages what could they be?

    Alice B.
    GQ
    Alice B.

    What actions are taken by management after they identify bad debts?

    Richard B.
    GH
    Richard B.

    Subsidiary ledger is a supplement to the general ledger, rewiewing specific information about the individual debtors, creditors, stock and other items.

    Morne V.
    ZA
    Morne V.

    The subsidiary ledger is a supplement to the general ledger, continuing specific information about the individual debtors, creditors, stock and other items

    Morne V.
    ZA
    Morne V.

    The subsidiary ledger is a supplement to the general ledger, continuing specific information about the individual debtors, creditors, stock and other items

    Sunday O.
    NG
    Sunday O.

    Subsidiary ledgers you have to sub die your account

    Odongo M.
    UG
    Odongo M.

    Accounting -> Subsidiary ledgers Subsidiary ledgers The subsidiary ledger is a supplement to the general ledger, continuing specific information about the individual debtors, creditors, stock and other items. The advantages of preparing a subsidiary ledger are: it removes bulky detail from the general ledger. This streamlines posting procedures to the general ledger it enables a check to occur between the balance of the control account and the total balances of the individual accounts - usually shown in a schedule it allows the separation of duties between the person completing the general ledger and the person dealing with the subsidiary, thus improving security it shows the individual transactions involving that particular item. For instance, in the case of debtors, it includes the amount of stock bought on credit, cash received from the debtor and the amount outstanding. The date of which all these individual transactions occurred is also shown

    Manish K.
    NP
    Manish K.

    The ledgers which give specific information about individual debtors, creditors, stocks and other items are known as subsidiary ledgers.

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