SUBSIDIARY LEDGER
(noun)Definitions
There is 1 meaning of the phrase
Subsidiary Ledger.
Subsidiary Ledger - as a noun
Details of an account supporting the amount stated in the general ledger
Example Sentences
"The subsidiary ledger contains detailed information for each account within the general ledger."
"The accountant reconciled the balances between the general ledger and the subsidiary ledger."
"The company uses a subsidiary ledger to keep track of its accounts receivable."
"Each customer has a separate account in the subsidiary ledger."
"The subsidiary ledger helps the company identify which customers have outstanding invoices."
