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Which of the following types of information are found in subsidiary ledgers, but not in the general ledger?
  • a)
    Total cost of goods sold for the period
  • b)
    The quantity of a particular product sold during the period
  • c)
    The amount owed to a particular seller
  • d)
    The portion of total current assets that consist of cash
Correct answer is option 'B'. Can you explain this answer?
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Which of the following types of information are found in subsidiary ledgers, but not in the general ledger?a)Total cost of goods sold for the periodb)The quantity of a particular product sold during the periodc)The amount owed to a particular sellerd)The portion of total current assets that consist of cashCorrect answer is option 'B'. Can you explain this answer?
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