Examlex
What is the difference between debt securities and equity securities?
Accounts Payable
Liabilities to creditors for goods, supplies, or services purchased on credit but not yet paid.
Subsidiary Ledgers
Detailed ledgers that break down and provide supporting information for accounts listed in the general ledger.
Subsidiary Posting
A detailed entry process in accounting that involves recording transactions in subsidiary ledgers for a more comprehensive financial tracking.
General Ledger
A comprehensive record of all financial transactions over the life of a company, used to compile financial statements.
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