Multiple choice

Subsidiary ledger contains which of the following information that general ledger does not?

  1. Total cost of goods sold in the period

  2. The quantity of particular product sold in the period

  3. The amount owed to a particular seller

  4. The portion of total current assets that consists of cash

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Only totals during full period will be in General ledger.