Select all that apply Identify the advantages of using subsidiary ledgers. (Check all that apply.)...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Select all that apply Identify the advantages of using subsidiary ledgers. (Check all that apply.) Multiple select question. Reduces the costs of posting to the control account in the general ledger Provides up-to-date information readily available on specific customers and suppliers Allows removal of excessive details from the general ledger
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!