Business Studies, asked by laog53532, 1 month ago

how journal and subsidiary ledger related to trial balance​

Answers

Answered by swastikadalvii
0

Answer:

A journal provides a permanent record of transactions listed in chronological order. An account in a general ledger that summarizes all accounts in a subsidiary ledger is called a controlling account. The balance of a controlling account equals the total of a related subsidiary ledger.

Explanation:

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Priyanka Dalvi here.

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