AAT, in Great Britain, is Association of Accounting Technicians.
SUBLEDGER is for the purpose of organizing revenue and expense transaction for only one account, e.g., For an individual salesperson, like a general ledger, the subledger has different default account types, each from a salespersons perspective, not a company perspective. Thus, Due is due to the salesperson and Payable is payable by the salesperson.
LIMITED PARTNER is a partner in a venture who has no management authority and whose liability is restricted to the amount of his or her investment.
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