What types of subsidiary ledgers are used in manufacturing companies (Part II)?

Accounts payable subsidiary ledger (accounts payable aging) 

Accounts payable subsidiary ledger (also called accounts payable aging) provides the details of vendor balances as of a particular date (e.g., balance sheet date). An accounts payable subsidiary ledger (aging) is used to determine the balance of accounts payable by invoice and how long the vendor invoices have been outstanding (unpaid). All invoices are grouped into “buckets” to show their age.

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