Examples of other subsidiary ledgers besides those for accounts receivable and accounts payable may include all of the following except:
A)Equipment.
B)Cash.
C)Payroll.
D)Inventory.
E)Investments.

Question

Quizplus · Accepted Answer

Cash is typically not maintained in a subsidiary ledger as it is a part of the general ledger. Subsidiary ledgers are used for accounts that require detailed tracking, like equipment, payroll, inventory, and investments.

Examples of Other Subsidiary Ledgers Besides Those for Accounts Receivable