The accounts outside of the general ledger which provide the detail for the balance reported in a general ledger account. (The account in the general ledger is known as the control account.) For example, each credit customer’s account balance is contained in a subsidiary account or record. The total of the subsidiary accounts or records must agree to the balance in Accounts Receivable, the general ledger control account.
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For the past 52 years, Harold Averkamp (CPA, MBA) has
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