Which of the following is not an advantage of a subsidiary ledger?
A) Shows transactions affecting one customer or one creditor in a single account.
B) Helps locate errors in individual accounts.
C) Puts greater detail in the general ledger.
D) Makes possible a division of labor.

Question

Quizplus · Accepted Answer

A subsidiary ledger provides greater detail for individual accounts, allows for a division of labor, and helps locate errors. However, it does not put greater detail in the general ledger, as the general ledger summarizes information from the subsidiary ledger.

Which of the Following Is Not an Advantage of a Subsidiary