What file in a computerized accounting system corresponds to a sub-ledger (such as accounts receivable) in a paper-based system?
A) Transaction file.
B) Master file.
C) Open file.
D) Reference file.

Question

Quizplus · Accepted Answer

The master file in a computerized accounting system corresponds to a sub-ledger in a paper-based system, as it contains detailed data for individual accounts within a specific category, such as accounts receivable.

What File in a Computerized Accounting System Corresponds to a Sub-Ledger