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Subsidiary ledgers a are used only for Accounts Payable and Accounts Receivable b may be used for various ledger accounts c may be used for
Subsidiary ledgers
a | are used only for Accounts Payable and Accounts Receivable | |
b | may be used for various ledger accounts | |
c | may be used for only those accounts specified by the FASB | |
d | are never used for more than four accounts |
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