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Accounting 1 - Chapter 12 (Posting to General & Subsidiary Ledgers)

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Chapter 12 term preview

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Accounting 1 - Chapter 12 (Posting to General & Subsidiary Ledgers)
 

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Accounting 1 - Chapter 12 (Posting to General & Subsidiary Ledgers)Online version

Chapter 12 term preview

by JR Meo
1

double summarized account single journal

A ledger that is in a ledger .

2

on account items purchased subsidiary vendors containing

a ledger only accounts for from whom are or bought .

3

charge customers subsidiary containing

a ledger all accounts for " " .

4

accounts ledger subsidiary summarizes general

an account in a that all in a ledger .

5

to amounts balances vendor by

a listing of names , account and total due your business all vendor s

6

balances all your total

a listing of customer names , account and amounts due to business from customer s

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