Examlex
Computer-based networks that trigger actions by sensing changes in the real or digital world are known as
E-Commerce
Refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.
Subsidiary Ledger
A subsidiary ledger is a group of detailed accounts where their totals tie into and support summary amounts in one or more accounts in the general ledger.
General Ledger
A comprehensive collection of a company's accounts and transactions, serving as the foundation of the accounting system.
Controlling Account
The account in the general ledger that summarizes the balances of the accounts in a subsidiary ledger.
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