November 2003
Intermediate to advanced
186 pages
2h 50m
English
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Control Account/Subsidiary Ledger
If business is going well, you can imagine that a company could have a lot of customers, and therefore a lot of accounts receivable. If it were your company, you would want to keep track of what each customer owed you so that you could make sure that your customers were paying promptly. The general ledger is not the place for details about accounts; it should be used to summarize the company's financial information. To be more efficient, we use what's called a control account in the general ledger, and we also use a subsidiary ledger in which the details of each customer's account are kept. The total of the subsidiary ledger will equal the control account (the balance in the general ledger). The subsidiary ledger ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.