SUBSIDIARY LEDGER Definition

Bookmark and Share

SUBSIDIARY LEDGER is a group of subsidiary accounts the sum of the balances of which is equal to the balance of the related control account in the general ledger.

Learn new Accounting Terms

TAXABLE EQUIVALENT YIELD is the yield that must be received on a taxable security to provide the holder with the same after-tax return as that earned on a tax-exempt bond or preferred stock.

CAPEX see CAPITAL EXPENDITURE.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.