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An Axis Title

question 51

Multiple Choice

An axis title


Definitions:

Liability Account

A category in financial accounting that represents debts or obligations a company owes to others.

Subsidiary Ledger

A detailed ledger that contains the individual accounts necessary to support a major (control) account organized in the general ledger.

Alphabetically

Ordered or arranged in accordance with the sequence of the letters of the alphabet.

Accounts Receivable Subsidiary Ledger

A detailed ledger that contains individual customer accounts and tracks their transactions separate from the general ledger.

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