Which of the Following General Ledger Accounts Normally Has a Subsidiary

question 106

Multiple Choice

Which of the following general ledger accounts normally has a subsidiary ledger?

• A) Owner's Capital
• B) Drawing
• C) Supplies
• D) Accounts Payable

Recognize the dynamics and current trends impacting American families and households.

Identify global and national population trends and their social and economic implications.

Appreciate the role of millennials and their influence on environmental and societal change.

Define and explain key concepts related to culture, values, and consumer behavior within the United States.

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Definitions:

Marginal Cost

The expense incurred from manufacturing an extra unit of a product or service.

Average Cost

The total cost of production divided by the number of goods or services produced, often used to determine profitability.

Maximize Profit

The process or strategy by which a business attempts to achieve the highest possible profit from its operations, often by increasing revenue, reducing costs, or both.

Business Goal

Objectives or desired outcomes that an organization aims to achieve over a specific period through its operations.