Examlex
What is the term for a deficiency of platelets? ____________________
Subsidiary Ledgers
Detailed records that contain information about specific accounts, which together support and reconcile with summary amounts in the general ledger.
Daily Postings
The routine process of recording transactions in the books of accounts or ledgers on a daily basis to ensure financial records are up-to-date.
Control Account
An account in the general ledger used to simplify the recording of transactions and track the total amounts for financial statement purposes, often summarizing the details that are held in a subsidiary ledger.
Special Journals
Accounting books or ledgers used for recording and categorizing specific types of transactions such as sales, purchases, cash disbursements, and cash receipts in a more efficient manner.
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