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

LONG-TERM INVESTMENTS represents the investments a company intends to hold for over a one year period. For example: real estate, cash, stocks and bonds..

STREET NAME, in securities, is securities held in the name of brokers, banks or their nominees, instead of in the customer's name.

Suggest a Term

Enter Search Term

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