An organization will typically utilize a subsidiary ledger to

A) make sure all debits equal credits
B) make it easier to handle cash received from customers
C) keep customer accounts up to date
D) record customer credit sales outside of the normal double entry system

Question

TIRTH DESAI · Accepted Answer

Final Answer : C, Explanation :  A subsidiary ledger is used to keep track of detailed information about individual accounts, such as customer accounts. By using a subsidiary ledger for customer accounts, the organization can ensure that customer account information is up to date and accurate.

An organization will typically utilize a subsidiary ledger to

A) make sure all debits equal credits
B) make it easier to handle cash received from customers
C) keep customer accounts up to date
D) record customer credit sales outside of the normal double entry system

Definitions

Learning Objectives

Learning Objectives

Related questions

An organization will typically utilize a subsidiary ledger toA) make sure all debits equal creditsB) make it easier to handle cash received from customersC) keep customer accounts up to dateD) record customer credit sales outside of the normal double entry system

Definitions

Learning Objectives

Learning Objectives

Related questions

An organization will typically utilize a subsidiary ledger to

A) make sure all debits equal credits
B) make it easier to handle cash received from customers
C) keep customer accounts up to date
D) record customer credit sales outside of the normal double entry system