Describe Safe Mode with Networking

question 20

Essay

Describe Safe Mode with networking.

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Definitions:

Subsidiary Ledger

A detailed ledger containing the individual accounts that make up a controlling account in the general ledger.

Purchases Journal

The journal in which all items purchased on account are recorded.

Supplies

Items used in the operation of a business that are typically consumed or expendable, such as office supplies or maintenance materials.

Other Accounts Column

A column in accounting journals or ledgers for recording entries that do not fit into the standard categories, ensuring all transactions are accounted for.