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How To Reconcile a Subledger

YouTubeAccounting Stuff

How To Reconcile a Subledger

How do you reconcile a Subledger? When you reconcile a Subledger (aka. Subsidiary Ledger), you compare it with its Control Account in the General Ledger to make sure the two balances agree. In this video, I walk through a simple Accounts Payable example using Silph Co. You'll see how a $30,000 difference appears when a transaction is posted ...

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