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All of the following are advantages of using subsidiary ledgers except they a. eliminate errors in individual accounts. b. free the general ledger of excessive
All of the following are advantages of using subsidiary ledgers except they a. eliminate errors in individual accounts. b. free the general ledger of excessive details. c. show, in a single account, transactions affecting one customer or d. make possible a division of labor. 7 one creditor, Which of the following is not an advantage of a subsidiary ledger? Shows transactions affecting one customer or one creditor in a single account. 8 a. b. Helps locate errors in individual accounts. c. Puts greater detail in the general ledger. d. Makes possible a division of labor. Credit sales of assets other than merchandise are recorded in the 9. a. cash payments journal. b. cash receipts journal. c. general journal. d. sales journal
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