The Composite Balance of Individual Accounts in the Accounts Payable

question 118

Multiple Choice

The composite balance of individual accounts in the accounts payable subsidiary ledger must

• A) equal the composite balance of the individual accounts in the accounts receivable subsidiary ledger.
• B) always be zero.
• C) equal the balance of the accounts payable account in the general ledger.
• D) agree with the total of the Accounts payable column in the cash receipt journal.

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Definitions:

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Psychodynamic Therapy

A therapeutic approach focusing on conscious and unconscious processes to explore emotional distress.