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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