Subsidiary ledger

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Subsidiary ledger is a ledger that contains accounts of a single type. Example: The accounts receivable subsidiary ledger records all credit customers.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Subsidiary ledger. A ledger that contains accounts of a single type. Example: The accounts receivable subsidiary ledger records all credit customers.

According to Managerial Accounting by Braun, Tietz (5th edition),

Subsidiary ledger. Supporting detail for a general ledger account.

Related concepts

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