ABC Corporation is headquartered in New Delhi with an office in Mumbai. They share the same
chart of accounts, calendar, and currency. The Mumbai ledger contains manual adjustments and
automated adjustments. The New Delhi office does not need a complete ledger to perform
management or statutory reporting. Which four statements are true in the given scenario?
(Choose four.)
A.
The Mumbai ledger is an adjustment-only secondary ledger.
B.
Perform all adjustments in the Mumbai ledger.
C.
Perform all day-to-day transactions in the New Delhi ledger.
D.
Use ledger sets to combine transaction data and adjustment data.
E.
Perform all day-to day-transactions and adjustments in the New Delhi ledger.
F.
Consolidate data in the Mumbai ledger with the New Delhi ledger while reporting.