In accounting software packages, what is the equivalent term for accounts in a subsidiary ledger?
A) Master accounts
B) Modules
C) Sub-accounts
D) Normal accounts

Question

Quizplus · Accepted Answer

In accounting software packages, the equivalent term for accounts in a subsidiary ledger is sub-accounts. This is because subsidiary ledgers contain details of a particular account, and these details are recorded in a separate sub-account within the subsidiary ledger. The other options such as master accounts and modules are not appropriate in this context, as they do not convey the concept of a subset of accounts within a larger ledger.

In Accounting Software Packages, What Is the Equivalent Term for Accounts