The Total of the Individual Account Balances in the Accounts

question 65

True/False

The total of the individual account balances in the accounts receivable subsidiary ledger should agree with the total of the individual account balances in the accounts payable subsidiary ledger.

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Definitions:

ADDA

American Design Drafting Association, an organization that supports professionals in the drafting and design industry.

Reference Dimension

A measurement provided on a drawing or in a set of specifications for informational purposes only, not subject to inspection.

Diameter

A linear measurement of a circle across the center point from one edge to the opposite edge.

Symbol Ø

A symbol used in technical drawing to denote diameter of a circle.