Which of the following general ledger accounts will have a subsidiary ledger account?
A) Cost of Goods Sold account
B) Work-in-Process Control account
C) Joe's Accounts Receivable subsidiary account
D) Operating Expenses account

Question

Quizplus · Accepted Answer

Work-in-Process Control account typically has a subsidiary ledger to track the details of work-in-process inventory for different jobs or production orders, providing a breakdown of the costs and progress associated with each.

Which of the Following General Ledger Accounts Will Have a Subsidiary