The General Rule for Posting to a Subsidiary Ledger and Its

question 71

Multiple Choice

The general rule for posting to a subsidiary ledger and its controlling account is

• A) The controlling account is debited periodically for an amount or amounts equal to the sum of the debits to the subsidiary ledger
• B) The controlling account is credited periodically for an amount or amounts equal to the sum of the credits to the subsidiary ledger
• C) A trial balance ledger
• D) The controlling account is both debited and credited periodically for an amount or amounts equal to the sum of the debits or credits to the subsidiary ledger
• E) All of these

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Definitions:

Possible Outcomes

The various results or consequences that may occur as a result of an experiment or decision, usually in a statistical or probabilistic context.

Probability of 1

Probability of 1 signifies an event that is certain to occur in the framework of probability theory.

Independent Events

Two or more events that do not affect each other's outcomes, meaning the occurrence of one event does not change the probability of the other.

Babies Born

Refers to the total number of live births in a specified population, area, or period, often used in demographic studies.