Subsidiary ledgers provide all the following benefits except:
A)Remove excessive detail from the general ledger.
B)Provide up-to-date information on customer or other specific account balances.
C)Aid in error identification for individual accounts.
D)Help with division of labor (recordkeeping tasks).
E)Allow users to record any transactions.

Question

Quizplus · Accepted Answer

Subsidiary ledgers cannot be used to record any transactions. They are designed to track specific accounts or groups of accounts, such as customer accounts or accounts receivable.

Subsidiary Ledgers Provide All the Following Benefits Except