A Subsidiary Ledger That Contains a Separate Account for Each

question 42

Multiple Choice

A subsidiary ledger that contains a separate account for each party that grants credit on account to the business is called a(n)

• A) Controlling account
• B) Accounts Receivable Ledger
• C) Accounts Payable Ledger
• D) Merchandise Inventory Ledger
• E) Accounts Payable

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Definitions:

Punishment

A consequence applied with the intention of reducing or eliminating an undesired behavior.

Rewards

Incentives or positive outcomes that encourage certain behaviors.

Responses

Reactions or behavior exhibited by an organism in response to a stimulus.

Learned Helplessness

A condition in which an individual becomes passive and unable to act to control or change a situation because of repeated exposure to uncontrollable events.