What is an Accounts Receivable Subsidiary Ledger. A ledger that keeps a record of the customers that a business has extended credit to and how much they owe.

The subsidiary ledger contains detailed transaction information for an account that is represented in summary within the general ledger. The details of a high-volume account - including ...

Understanding an Accounts Receivable Subsidiary Ledger . The accounts receivable subsidiary ledger shows all the sales made on credit by a business. It provides details on these sales by showing ...

A subsidiary ledger is a special ledger designed to provide information about accounts that would not normally be found in a general ledger. To remain in balance, the total of all accounts listed ...

The subsidiary ledgers roll up to the general ledger, which records the aggregate totals of the subsidiary ledgers. The general ledger, in turn, allocates these totals into assets, liabilities ...

The Role Of Subsidiary Ledgers. Subsidiary ledgers provide the detailed transaction records that support summary control accounts in the general ledger. While control accounts only show net balances, ...

Reconcile accounting system modules and subsidiary ledgers. Accounting systems often have integrated modules such as payables, sales or investments to manage a specific function of the company.

What is an Accounts Payable Subsidiary Ledger. An accounting ledger of a business that shows its expenses, transaction history, and amounts owed to each supplier.