Chapter 11 class

Question 1

a subsidiary ledge containing only accounts for vendors from whom merchandise or other items are purchased on account

Answer 1

accounts payable ledger

Question 2

a subsidiary ledger containing only accounts for charge customers

Answer 2

accounts receivable ledger

Question 3

an account in a general ledger that summarizes all accounts in a subsidiary ledger

Answer 3

controlling account

Question 4

a listing of vendor accounts, account balances, and total amount due all vendors

Answer 4

schedule of accounts payable

Question 5

a listing of customer accounts, account balances, and total amount due from all customers

Answer 5

schedule of accounts receivable

Question 6

a ledger that is summarized in a single general ledger account

Answer 6

subsidiary ledger