Match the terms below with the correct definitions.
-Group of accounts representing the details of a controlling account
A)FOB destination
B)Sales Returns and Allowances
C)Controlling account
D)Accounts receivable ledger
E)Subsidiary ledger
F)Purchases journal
G)Sales invoice
H)FOB shipping point
I)General journal

Question

Quizplus · Accepted Answer

A subsidiary ledger is a group of accounts that provides detailed information about a controlling account in the general ledger.

Match the Terms Below with the Correct Definitions