Chapter 8. The Subsidiary Ledger System. Three Ledger System. As a business grows so do the number of credit customers (debtors) and suppliers (creditors) General Ledger may have too many accounts to track Create “subsidiary ledgers” A/R sub ledger A/P sub ledger. A/R Sub ledger.
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The Subsidiary Ledger System
Duties of A/R Clerk
Duties of the A/P clerk