Multiple choice

Which of the following information is found in subsidiary ledgers, but not in the general ledger?

  1. Total cost of goods sold for the period

  2. The quantity of a particular product sold during the period

  3. The amount owed to a particular creditor

  4. The portion of total current assets that consist of cash
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Subsidiary ledgers contain detailed individual account information such as quantities of specific products sold, individual customer balances, or specific supplier amounts. The general ledger only shows aggregate totals and summary figures, not granular details like the quantity of a particular product sold. Product-level quantity data is maintained in inventory subsidiary ledgers or sales records, not visible in the general ledger.

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