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Subsidiary Ledger
A detailed ledger that provides a breakdown of information summarized in a controlling account in the general ledger.
Control Account
An account used in the general ledger to summarize the details of transactions recorded in subsidiary ledgers.
Subsidiary Ledger
A detailed ledger containing all the individual accounts related to a particular area, such as accounts receivable or accounts payable, which supports the totals recorded in the general ledger.
Control Account
A summary account in the general ledger that aggregates the details recorded in a subsidiary ledger for similar transactions, such as accounts receivable or payable.
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