Successful small-business owners often keep second, third or even fourth sets of accounts receivable records. At a glance, it may seem like a lot of extra work to create and maintain subsidiary ...

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 ...

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 ...