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Questions 1.Signify the item that represents an example of a subsidiary ledger. a) The accounts receivable...

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1.Signify the item that represents an example of a subsidiary ledger.

a) The accounts receivable general ledger account

b) An accounts payable journal entry

c) Supporting detail of individual vendor balances that comprise the total balance of accounts payable

d) A list of all general ledger accounts

e) A list of all controlling accounts

2.Signify the item that most accurately and completely describes a subsidiary ledger.

a) A controlling account

b) Supporting detail behind a general ledger account

c) Supporting detail behind a special journal

d) A special journal

e) A journal entry

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Answer #1

Solution 1:

Example of subsidiary ledger is "Supporting detail of individual vendor balances that comprise the total balance of accounts payable"

Hence option c is correct.

Solution 2:

Item that most accurately and completely describes a subsidiary ledger is "Supporting detail behind a general ledger account"

Hence option b is correct.

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