subsidiary ledger


subsidiary ledger
A group of *accounts used to support a main *general ledger account. Typically, *transaction-intensive accounts like *accounts receivable, *accounts payable, and *petty cash expenses are recorded in subsidiary ledgers, the totals of which are transferred to general ledger *control accounts. See also *journal.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • subsidiary ledger — noun details of an account supporting the amount stated in the general ledger • Hypernyms: ↑ledger, ↑leger, ↑account book, ↑book of account, ↑book * * * noun : a ledger which is supplementary to a controlling account in a general ledger and in… …   Useful english dictionary

  • subsidiary ledger — (in accounting) a ledger containing a group of detailed and related accounts the total of which is summarized in the control account. * * * …   Universalium

  • Accounts Payable Subsidiary Ledger — An accounting ledger that shows the transaction history and amounts owed separately for each supplier from whom the business receives credit for purchases. The balance in the customer accounts is periodically reconciled with the accounts payable… …   Investment dictionary

  • Accounts Receivable Subsidiary Ledger — An accounting ledger that shows the transaction and payment history separately for each customer to whom the business extends credit. The balance in each customer account is periodically reconciled with the accounts receivable balance in the… …   Investment dictionary

  • Вспомогательная книга (SUBSIDIARY LEDGER)  — Вспомогательный регистр, в котором ведется группа счетов, итоговые данные по которым соответствуют данным контрольного счета. Например, регистр расчетов с заказчиками; регистр расчетов с поставщиками; регистр учета производственных операций;… …   Словарь терминов по управленческому учету

  • ledger — A register of accounting transactions. Traditionally ledgers were in the form of books, but in modern usage the term normally refers to computerized recording mechanisms. See also *general ledger and *subsidiary ledger …   Auditor's dictionary

  • Ledger-Enquirer — The June 28, 2011 front page of the Ledger Enquirer Type Daily newspaper …   Wikipedia

  • General ledger — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • cost ledger — noun ledger showing the accumulated costs classified in various ways • Hypernyms: ↑ledger, ↑leger, ↑account book, ↑book of account, ↑book * * * noun : one of the books of account in a cost system to which entries are posted from books of original …   Useful english dictionary

  • cost ledger — a subsidiary ledger in which are recorded the costs of goods produced or services supplied. * * * …   Universalium


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