Examlex
In which phase of the software development life cycle do you acquire the necessary hardware and programming languages for the project?
Subsidiary Accounts
Subsidiary accounts are detailed records that support or explain the balances in one or more general ledger accounts.
Control Account
A general ledger account that summarizes the total amounts recorded in subsidiary ledgers for individual components, like accounts receivable or payable.
Special Journals
Accounting journals designed for recording a specific type of transaction in a detailed manner, such as sales or purchases.
General Journal
A bookkeeping journal where all types of financial transactions are initially recorded, before being transferred to specific accounts in the general ledger.
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