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.

---

Definitions:

Communication Process

The series of steps through which information is transmitted from one individual to another, involving encoding, medium of transmission, decoding, and feedback.

IMC Strategy

Integrated Marketing Communications Strategy, a holistic approach to promoting a brand or product that ensures all messaging and communication strategies are unified across all channels and touchpoints.

Communication

The process of transferring information, ideas, and messages from one entity to another, using various channels and mediums for effective understanding.

Consumer

An individual or group that purchases goods and services for personal use.