Investopedia / Madelyn Goodnight An accounts payable subsidiary ledger details the transaction histories and amounts owed to each of a company’s suppliers and vendors. What Is an Accounts ...

A subsidiary ledger is a special ledger designed to provide information about accounts that would not normally be found in a general ledger. To remain in balance, the total of all accounts listed ...

Investopedia / Paige McLaughlin An accounts receivable subsidiary ledger is an accounting ledger that shows the transaction and payment history of each customer to whom the business extends credit.

In contrast, the purchase and sales ledgers are called subsidiary ledgers because ... book before transferring them to the general ledger, meaning it is wise to make more than one record of ...

Read on for more detail on control accounts, how they’re used, when, and examples to simplify their meaning ... account in the general ledger that totals the financial position or balances of the more ...