Assets Sub-Account

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An Assets Sub-Account is an bookkeeping sub-account within an assets account.



References

2014

  • http://www.accountingcoach.com/bookkeeping/explanation/6
    • QUOTE: Here are some examples of asset accounts: Cash; Short-term Investments; Accounts Receivable; Allowance for Doubtful Accounts (a contra-asset account); Accrued Revenues/Receivables; Prepaid Expenses; Inventory; Supplies; Long-term Investments; Land; Buildings; Equipment; Vehicles; Furniture and Fixtures; Accumulated Depreciation (a contra-asset account)