Subsidiary Ledger Simulation (5x5 Edition)

Subsidiary Ledgers provide the detail that the General Ledger lacks. While the GL says "Customers owe us money," the AR Subsidiary Ledger says "Aria owes $500 and Beacon owes $300." This simulation helps you practice posting specific transactions—Invoices, Payments, Returns, and Adjustments—to the correct detail accounts.

Transaction Deck

Aria's Apps Sales Invoice: $2,000
Aria's Apps Customer Payment: $1,200
Beacon Retail Sales Invoice: $3,500
Beacon Retail Customer Return: $300
Charlie's Coffee Sales Invoice: $1,800
Charlie's Coffee Full Payment: $1,800
Delta Designs Service Invoice: $900
Echo Electronics Equipment Sale: $4,200
Echo Electronics Partial Payment: $2,000
Cloud Systems Supplier Invoice: $1,100
Cloud Systems Payment to Supplier: $500
Paper Pals Office Supplies: $400
Metro Utilities Electricity Bill: $650
Metro Utilities Supplier Adjustment (Overcharge): $50
Global Logistics Freight Charges: $2,500
Global Logistics Full Settlement: $2,500
Stellar Supplies Inventory Purchase: $3,000
Stellar Supplies Partial Payment: $1,000

General Ledger

Control Account: A/R
$0
Control Account: A/P
$0

Rules Checklist:

AR (Customers): Invoices are Debits (+). Payments and Returns are Credits (-).

AP (Suppliers): Invoices are Credits (+). Payments and Adjustments are Debits (-).

Reconciliation Schedule

This report proves that the total of all individual subsidiary balances equals the control account in the General Ledger.

Account NameSub-Ledger TypeTotal DebitsTotal CreditsFinal Balance