The Use of an Accounts Payable Controlling Account

question 26

Multiple Choice

The use of an Accounts Payable controlling account

• A) Reduces the number of accounts in the subsidiary ledger
• B) Reduces the total number of accounts maintained
• C) Reduces the number of entries in the general journal
• D) Reduces the number of accounts in the general ledger
• E) Increases the number of columns in the journals

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