Studierende stehen vor dem LC und blicken lächelnd einer Kollegin mit einer Mappe in der Hand nach.

Exercise No. 33: Account and Organizational Structure

Partial Solution 1

a) Accounts (Acc-#) are grouped in general ledger accounts and subsidiary accounts. The latter can be personal accounts or non-personal accounts, whereas general ledger accounts are classified in non-personal accounts and closing accounts.