Question
Because it would require a general ledger of massive proportions to maintain separate accounts for each client, supplier etc., separate ledgers are established where detailed,
Because it would require a general ledger of massive proportions to maintain separate accounts for each client, supplier etc., separate ledgers are established where detailed, individual accounts can be maintained. These ledgers are called:
A. miscellaneous ledgers B. summary ledgers C. subsidiary ledgers D. special ledgers
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Financial Investigation And Forensic Accounting
Authors: George A Manning
3rd Edition
0367864347, 9780367864347
