A general ledger contains all balance sheet and income statement accounts. A general ledger controlling account represents a summary of transactions recorded in a subsidiary ledger. In turn, a ...

The accounts payable ledger tracks all of the expenses that your business has incurred and that must still be paid. If you have a high volume of payable activity, the specifics can easily be lost in a ...

Apple's idea for an "e-wallet" iPhone application would allow subsidiary accounts for children, complete with customizable spending limits and restrictions. Apple's interest in the concept was ...