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Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Any credit balance in a vendor subsidiary account ia an unpaid balance owed?
yeah
yes there is 1 but i forgot it
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Is a credit balance in a vendor subsidiary account an unpaid balance owed?
Any credit balance in a vendor subsidiary account ia an unpaid balance owed?
Any credit balance in a vendor subsidiary account ia an unpaid balance owed?
yeah
A debit to the vendor's subsidiary account.
Accounts receivables has debit balance as normal balance of account and shown in current assets in balance sheet.
A subsidiary ledger is a group of similar accounts whose combined balances equal the balance in a specific general ledger account. The general ledger account that summarizes a subsidiary ledger's account balances is called a control account or master account. For example, an accounts receivable subsidiary ledger (customers' subsidiary ledger) includes a separate account for each customer who makes credit purchases. The combined balance of every account in this subsidiary ledger equals the balance of accounts receivable in the general ledger. Posting a debit or credit to a subsidiary ledger account and also to a general ledger control account does not violate the rule that total debit and credit entries must balance because subsidiary ledger accounts are not part of the general ledger; they are supplemental accounts that provide the detail to support the balance in a control account.
yes there is 1 but i forgot it
yes there is 1 but i forgot it