Examlex
Identify and state the historical significance of the following:
-Marshall Plan
Accounts Receivable Subsidiary Ledger
is a detailed ledger showing individual transactions and balances for customers who owe money to the business, supplementing the general ledger.
Control Account
A general ledger account that summarizes and controls the total amounts recorded in subsidiary ledgers.
Cash Sales
Transactions where payment is made in cash at the time of purchase.
Monthly
Pertaining to or calculated for a period of one month.
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