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Subsidiary Ledger
A subsidiary ledger is a detailed ledger that contains account information related to a specific subsidiary account, which is then summarized in a general ledger.
General Ledger
A full archive of all monetary dealings across the duration of a company's history.
Posting References
Codes or numbers in accounting that link journal entries to specific accounts in the ledger, aiding in traceability and audit trails.
Vertical Analysis
A method of financial statement analysis in which each line item is listed as a percentage of a base figure within the statement.
Q20: All of the following are necessary to
Q35: A basic assumption of accounting that requires
Q42: If an individual asset account is increased,
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Q130: Employee payroll deductions include each of the
Q137: The following items were taken from the
Q184: A small neighborhood barber shop that is
Q196: The numerator of the return on common
Q215: Putman Company had cash sales of $75,950
Q216: Pakota Company issued $700,000 of 6%, 5-year