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Popular Accounting Topics

Accounting for Merchandising Activities
Debits and Credits (Double Entry Accounting)
Time Value of Money & Present/Future Values
Complex Debt & Equity Instruments
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Valuing Common Stock
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Chart of Accounts & Bookkeeping
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Accounts Payable Ledger

A subsidiary ledger listing individual creditor & supplier accounts. Each vendor in a company's accounting information system has a sub-ledger account in the books by which the payments & invoices are tracked. During year-end, all subledger accounts must balance to the Accounts Payable General ledger account. If it does not, there is a discrepancy and must be investigated by accountants.

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