A Subsidiary Ledger That Contains Individual Accounts of Creditors

question 44

Multiple Choice

A subsidiary ledger that contains individual accounts of creditors.

• A) Purchase Journal
• B) Accounts Payable Ledger
• C) Creditor Ledger
• D) Vendor Ledger

---

Definitions:

Annual Return

The percentage change in the value of an investment over a one-year period, including dividends, interest, and capital gains.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values from their mean.

Dividend Yield

The dividend per share divided by the price per share, indicating how much a company pays out in dividends each year relative to its stock price.

Capital Gain

The profit from the sale of assets or investments when the sale price exceeds the purchase price.