3 Tutorials that teach Sales & Purchases Subsidiary Ledger
Take your pick:
Sales & Purchases Subsidiary Ledger

Sales & Purchases Subsidiary Ledger

Author: Virginia Coco

In this lesson, the student will learn about subsidiary ledgers for sales and purchases.

See More

Get a great return on your investment.
Our Accounting course is only $329.

Sophia's online courses help save you money, while earning credits that are eligible for transfer to over 2,000 colleges and universities.*


Notes on "Sales & Purchases Subsidiary Ledger"

Terms to Know

Subsidiary Ledgers

Groups of accounts with similar characteristics, such as sales or purchases, that track the transaction detail and account balances of each individual customer or vendor.


The selling of inventory by a merchandising business.


The buying of inventory for resale to customers, or assets such as supplies or equipment, for cash or credit.


Source: All images created by Virginia Coco