What is a subsidiary ledger and a control account, and why are they used? Give an example
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What is a subsidiary ledger and a control account, and why are they used? Give an example of how they work.
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A subsidiary ledger is a group of accounts all of which relate to one specific company activity such ...View the full answer
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Ali Khawaja
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Related Book For 
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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