| A | B |
|---|
| accounts payable ledger | A subsidiary ledger containing only accounts for vendors from whom items are purchased or bought on account. |
| at the end of the month | The total amount of the purchases journal is posted to the general ledger _____. |
| controlling account | An account in a general ledger that summarizes all accounts in a subsidiary ledger. |
| schedule of accounts payable | A listing of vendor accounts, account balances, and total amounts due all vendors. |
| schedule of accounts receivable. | A listing of customer accounts, account balances, and total amount due from all customers. |
| alphabetical | Accounts are arranged in ______ order within the subsidiary ledgers. |
| subsidiary ledger | A ledger that is summarized in a single general ledger account. |
| up to date | Posting frequently keeps each vendor account balance _____. |
| after | A schedule of accounts payable is prepared _____ all entries in a journal are posted. |
| Accounts Receivable | The accounts receivable ledger is proved when the balance of _____ in the general ledger is the same as the total of the schedule of accounts receivable. |
| general ledger | Transactions recorded in a general journal can affect both subsidiary ledger and _____ accounts. |
| sales | The journal that should be posted first is the _____. |
| Accounts Payable | A change in the balance of a vendor account also changes the balance of the controlling account _______. |
| not posted | A check mark is placed in parentheses below the General Debit and General Credit column totals in the journal to indicate that the two column totals are ______. |
| accounts receivable ledger | A subsidiary ledger containing only accounts for charge customers. |
