The purchase and sell of which of the following instrument is effected through Subsidiary General Ledger (SGL) account?
A)Treasury Bills
B)Options
C)Equity Shares
D)All of the Above

Question

Quizplus · Accepted Answer

Treasury Bills are typically transacted through Subsidiary General Ledger (SGL) accounts, which are used by financial institutions to hold government securities. Options and Equity Shares are not typically transacted through SGL accounts.

The Purchase and Sell of Which of the Following Instrument