subsidiary ledger
- noun
- /səbˈsɪdiˌɛri ˈlɛdʒər/
- Specialized
:
libro auxiliar
- The subsidiary ledger is updated.
Examples
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In the audit, discrepancies were found between the subsidiary ledger and the general ledger.
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The accounts receivable subsidiary ledger lists the amounts owed by each customer.
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Each subsidiary ledger provides supporting details for its related control account.
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Don't forget to check the subsidiary ledger!
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The accountant updated the subsidiary ledger to reflect the recent sales transactions for better accuracy in reporting.
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Each department is responsible for maintaining its own subsidiary ledger, which details all expenses related to its specific budget.
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When reconciling accounts, it's important to ensure that the subsidiary ledger balances match the entries in the general ledger.
Synonyms
537
3.7
A record that shows a business's money coming in and going out
57
5.0
A book used to record a business's money transactions
A book where a business writes down all money it receives and pays
How Detailed
Surface Forms
Morphology
The compound is compositionally built from 'subsidiary' (subordinate/auxiliary) + 'ledger' (a book for financial records), so a learner who knows both words can infer it is a supporting or subordinate record that contains details for accounts. Although the term is technical in accounting, its meaning follows a straightforward compositional pattern found across languages, making it immediately comprehensible to a B1 learner familiar with the constituents.
Etymology
Subsidiary ledger comes from bookkeeping. The main ledger held the totals, while smaller subsidiary books listed each transaction or a customer's balance, so a subsidiary ledger 'supports' the main book by giving the 'details' behind its totals.