Which of the Following Statements About Subsidiary Ledgers Is MOST

question 65

Multiple Choice

Which of the following statements about subsidiary ledgers is MOST accurate?

• A) The subsidiary ledger accounts will never equal the control account in the general ledger.
• B) The accounts receivable ledger is a book of accounts that provides supporting detail for Accounts Receivable.
• C) The subsidiary ledger accounts will equal the amount in the Sales account.
• D) The subsidiary ledger account will equal the amount in the sales account less sales discounts.

---

Definitions:

Graph

A visual representation of data or mathematical functions, often showing relationships between variables.

Y-Intercepts

The points where a line or curve intersects the y-axis on a graph.

X-Intercepts

The points where a graph intersects the x-axis, representing the values of x when the function or equation equals zero.

Graph

An illustration showing the web of interactions or relationships between multiple elements using unique markers such as dots, lines, and bars.