subsidiary ledger

• Livro auxiliar de contabilidade que contém registros detalhados de contas individuais que dão suporte a uma conta do Livro Razão, como contas a receber ou a pagar.

A subsidiary ledger is a detailed accounting record that contains the individual accounts supporting a specific general ledger account, such as accounts receivable or accounts payable.

1. Detailed financial recordC1formal

   A subsidiary ledger is a group of similar accounts whose combined balances equal the balance in a specific general ledger account. It provides detailed information to support the control account.

   Livro auxiliar

   • The accounts payable subsidiary ledger lists all individual vendor balances.
   • The accountant reconciled the subsidiary ledger with the general ledger control account.
   • Each customer has a separate record in the accounts receivable subsidiary ledger.