Which of the following have subledgers?

The accounts payable module has subledgers because it is specifically designed to manage all transactions related to vendor invoices and payments. The subledger for accounts payable provides detailed information for every transaction with each vendor, allowing for a more granular view of liabilities. This separation helps organizations maintain accurate records of outstanding payables and streamlines the reconciliation process with the general ledger.

In contrast, the general ledger acts as the primary accounting record and consolidates all financial transactions, including those from various subledgers, but does not have subledgers itself. Management accounting pertains to internal financial management and reporting but typically does not maintain distinct subledgers like those found in financial accounting. Profitability analysis focuses on reporting and analyzing the profitability of various segments or products, and while it relies on data from different sources, it doesn't function as a subledger in the same way accounts payable does.