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A subsidiary ledger is: a. used in place of the general ledger if the general ledger is destroyed or stolen. b. a group of accounts
A subsidiary ledger is:
a. used in place of the general ledger if the general ledger is destroyed or stolen.
b. a group of accounts used by branches and subsidiaries of a corporate business.
c. a group of accounts with a common characteristic that provides detailed information about a control account in the general ledger.
d. used to post excess transactions if a general ledger account becomes full during an accounting period.
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