Match the items below by entering the appropriate code letter in the space provided.
A. Accounts payable ledger D. Subsidiary ledger
B. Cybercrime E. Control account
C. Special journals
1. A general ledger account that summarizes detailed information in a subsidiary ledger.
2. A subsidiary ledger that contains accounts with individual creditors.
3. Involves the Internet or computer technology.
4. Detailed information about a group of accounts with a common characteristic.
5. Used to record high volume, similar type transactions.

Question

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The Answer of Match the items below by entering the appropriate code letter in the space provided.
A. Accounts payable ledger D. Subsidiary ledger
B. Cybercrime E. Control account
C. Special journals
1. A general ledger account that summarizes detailed information in a subsidiary ledger.
2. A subsidiary ledger that contains accounts with individual creditors.
3. Involves the Internet or computer technology.
4. Detailed information about a group of accounts with a common characteristic.
5. Used to record high volume, similar type transactions.

Match the Items Below by Entering the Appropriate Code Letter