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FedEx and UPS are converting their delivery trucks with standard diesel engines to more fuel-efficient and cleaner hybrid-electric vehicles, which can cut fuel costs by half and lower fuel emissions by 90 percent. This is an example of
Control Account
A summary account in the general ledger that consolidates and reflects the total of transactions recorded in subsidiary ledgers.
Customers' Names
Identifying information for individuals or entities that purchase goods or services from a business.
Subsidiary Ledger
A detailed ledger that contains the accounts of specific areas of business, supporting data for accounts in the general ledger.
Accounts Receivable
Financial obligations of customers towards a business for delivered products or services awaiting payment.
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