SUBSIDIARY LEDGER

SUBSIDIARY LEDGER (BUKU BESAR PEMBANTU)By : Anna SeptiyaniThesubledger, orsubsidiary ledger, is a subset of thegeneral ledger used in accounting.Subsidiary ledger can called book of analys tooDefinition :(Pengertian) (source : wikipedia )A subsidiary ledger is a group of similar accounts whose combined balances equal the balance in a specific general ledger account. The general ledger account that summarizes a subsidiary ledger's account balances is called a control account or master account.

Control accounts are sometimes known as total accounts. A control account act as a summary of the ledger which it controls.

Definition :(Pengertian)(source : Dr. T 's Accounting Problems and Tax Purpose of Subsidiary Ledgers Definition.htm)Record trasactions

Subsidiary ledger

Transaction

General ledger

journal

Trial Balance

There are two control accounts.

6Sources Of Information For Sales Ledger Control Account:SalesSales BookCash and Cheques receivedCash BookDishonoured ChequesCash BookDiscount allowedCash BookBad debtsJournalSales Ledger Control Account: It resembles the account of an individual debtor. It is an account recording in total the transactions affecting all the debtors.Note: Sometimes sales ledger control account too also has small opening credit balance b/d on a sales ledger control account, in addition to the usual opening debit balance. It happens when a debtor has over paid his account or has returned goods after paying his account or due amount.

Sources Of Information For This AccountPurchasesPurchase BookPurchases ReturnsPurchase Returns BookCash and cheque paidCash BookDiscount receivedCash BookCash refunds from creditorsCash BookPurchases Ledger Control Account: It resembles the account of an individual creditor. It records the transactions effecting all the creditors.

Note: Sometimes it can happen that there is a small opening Debit balance on a purchases ledger control account in addition to the usual credit balance. It happens when the business has overpaid a creditor, or has returned the goods after paying the due amount.

For example Sales Ledger Control Account:

Subsidiary LedgerPT. MAJU TERUSRp. 15.000.000 PT. PANTANG MUNDURRp. 45.500.000 SUM Rp. 60.500.000List of customer balance :Acc. Receivable Rp15.000.000 (23/10) Rp45.500.000 (25/10)PT. MAJU TERUSPT. PANTANG MUNDURRp. 15.000.000 (23/10)Rp. 45.500.000 (25/10)Rp. 60.500.000General LedgerSubsidiary LedgerCV. SETIA ABADIRp. 6.500.000 CV. SINAR DUNIARp. 8.000.000 SUM Rp. 14.500.000List of supplier balance :Acc. Payable Rp. 8.000.000 (23/10) Rp. 6.500.000 (25/10)CV. SETIA ABADICV. SINAR DUNIARp. 6.500.000 (25/10)Rp. 8.000.000 (23/10)Rp. 14.500.000General LedgerFor example Purchase Ledger Control Account:

It helps in locating errors.It helps in checking the arithmetical accuracy of the ledger it controls.It gives us readymade figures for Total debtors and Total creditors on a certain date.Fraud is made more difficult by the use of control account.

Advantages Of Control Account:A subsidiary ledger provides a company a detailed record of specific items that are included in the balance of a general ledger controlling accounting. In a merchandising company, subsidiary ledgers are used to track the amounts of receivables from customers, amounts of money owed to suppliers, and quantities of products in inventory.Conclusion :