A(n) __________ organizes your customers in a more specific way to tell exactly how much each one owes your business.

A. Subsidiary Accounts Payable Ledger

B. Accounts Payable General Ledger

C. Subsidiary Accounts Receivable Ledger

D. Accounts Receivable General Ledger

The Accounts Payable Ledger is crucial to which of the following?

A. General Ledger

B. Fundamental Accounting Equation

C. Accounts Receivable Ledger

D. All of the Above

The Accounts Payable Ledger is crucial to which of the following?

A. General Ledger

B. Fundamental Accounting Equation

C. Accounts Receivable Ledger

D. All of the Above

A Subsidiary Accounts Payable Ledger is created for which of the following reasons?

A. To create a more efficient method of organization.

B. To know how much is owed to specific vendors.

C. Both A & B