1
Q
What does Subsidiary Ledgers do?
A
They keep track of individual customer and vendor names and addresses, aged transactions and other pertinent information
2
Q
What is Integration?
A
It’s when ledgers are linked to the General Ledger
3
Q
What does the Accounts Receivable Ledger hold?
A
all Customer Information
4
Q
What does the Accounts Payable Ledger hold?
A
all vendor information
Bookkeeping
flashcards
Decks in class (22)
# Cards
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Chapter#1A: Review Of Bookkeeping27
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Chapter#2A: Forms of Business Ownership16
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Chapter#2B: Types of Business Organizations9
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Chapter#3A: Petty Cash6
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Chapter#3B: Reconciling the Bank Account9
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Chapter#4A: Capital Assets19
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Chapter#4B: Depreciation and Amortization11
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Chapter#5A: Financial Statements5
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Chapter#5B: The Statement of Owners Equity2
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Chapter#5C: The Balance Sheet6
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Chapter#6B: Introduction to Simply Accounting 20053
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Chapter#6C: Setting up a Computerized Accounting System4
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Chapter#6D: The Subsidiary Ledgers4
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Chapter#6F: Daily Transactions and Monthly Procedures10
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Supplement - Routines of Bookkeeping6
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Supplement - The Accounting Cycle4
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Supplement - Important Percentages1
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Supplement - Accountability for Work Done3
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Supplement - Procedures to Guarantee Accuracy12
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Statement - Monthly versus Year-End Procedures2
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Statement - Safekeeping Records5
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Glossary33
