A general ledger contains all balance sheet and income statement accounts. A general ledger controlling account represents a summary of transactions recorded in a subsidiary ledger. In turn, a ...

A subsidiary ledger is a special ledger designed to provide information about accounts that would not normally be found in a general ledger. To remain in balance, the total of all accounts listed in a ...

Apple's idea for an "e-wallet" iPhone application would allow subsidiary accounts for children, complete with customizable spending limits and restrictions. Apple's interest in the concept was ...