A Subsidiary Ledger Is

question 68

Multiple Choice

A subsidiary ledger is

• A) used in place of the general ledger if the general ledger is destroyed or stolen.
• B) a group of accounts used by branches and subsidiaries of a corporate business.
• C) a group of accounts with a common characteristic that provides detailed information about a control account in the general ledger.
• D) used to post excess transactions if a general ledger account becomes full during an accounting period.

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Definitions:

Atomic Symbol

A one or two-letter notation representing a chemical element (e.g., H for hydrogen, O for oxygen) based on its name, often derived from Latin.

Atomic Symbol

A one or two-letter abbreviation representing a chemical element, derived from its English or Latin name.

Atomic Symbol

A one or two-letter notation used to represent an element on the periodic table.