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Subsidiary Ledger
A detailed ledger that provides a breakdown of individual transactions affecting a specific general ledger account, facilitating in-depth analysis and reconciliation.
General Ledger
A comprehensive record of all financial transactions over the life of a company.
Individual Balances
The amounts recorded in separate accounts representing various assets, liabilities, or equity of an individual or entity.
Special Journal
A specialized accounting journal designed to record a particular type of transaction consistently, such as sales or cash disbursements.
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