Accounting MCQ
Accounting
The total of the individual creditor accounts in the subsidiary ledger must ________ the balance of the Accounts Payable control account.
The total of the individual creditor accounts in the subsidiary ledger must ________ the balance of the Accounts Payable control account.
The total of the individual creditor accounts in the subsidiary ledger must ________ the balance of the Accounts Payable control account.
A. be greater than
B. be less than
C. be equal to
D. be subtracted from
Answer: C
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