question archive What is a Sub-Account and what is it used for? A)It's an account of less value as non-subaccounts and it shows which accounts have the most value B)It's used for savings accounts and non-subaccounts are used for checking accounts C)It is an account within another account (or belonging to a parent account) used to represent higher level of detail of a parent account
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What is a Sub-Account and what is it used for?
A)It's an account of less value as non-subaccounts and it shows which accounts have the most value
B)It's used for savings accounts and non-subaccounts are used for checking accounts
C)It is an account within another account (or belonging to a parent account) used to represent higher level of detail of a parent account. Sub-Accounts can be collapsed or expanded in reports.
D)It is a non-posting account used to input all non-posting transactions
E)None of the Above