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What is General Ledger and Subsidiary Ledgers about?

This document shows the relationship between subsidiary ledgers, general ledger accounts, and their attributes. It lists 3 subsidiary ledgers that contain more specific customer, supplier, and inventory accounts. It then shows 18 general ledger accounts that roll up information from the subsidiary ledgers, such as cash, accounts receivable, inventory, property and equipment, accounts payable, and income statement accounts like sales and expenses.

Author
shau ilde
Language
EN