A Subsidiary Ledger Is ________

question 42

Multiple Choice

A subsidiary ledger is ________.

• A) an accounting journal designed to record a specific type of transaction
• B) a created list of accounts used by a business entity to define each class of items for which cash is spent or received
• C) a complete record of business transactions recorded in a ledger over the life of a company
• D) a record of accounts that provide supporting details on individual balances, the total of which appears in a general ledger account

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Definitions:

African Savanna

A grassland ecosystem located in Africa, characterized by open landscapes, diverse wildlife, and seasonal rainfall.

Fire

A rapid, persistent chemical change that releases heat and light and is typically initiated by ignition of combustible material.

Nitrogen

A chemical element with symbol N and atomic number 7, which is a critical component of all living cells, notably in proteins and nucleic acids.

Denitrification

A microbial process that converts nitrate in the soil to nitrogen gas, releasing it into the atmosphere and reducing soil fertility.