Which Account Is the Controlling Account for the Amounts Owed

question 32

Multiple Choice

Which account is the controlling account for the amounts owed to individual creditors?

• A) Accounts Payable in the general ledger
• B) Purchases in the general ledger
• C) Accounts Receivable in the subsidiary ledger
• D) Accounts Payable in the subsidiary ledger

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Definitions:

PLC Hardware

The physical components of a Programmable Logic Controller (PLC), including the processor, power supply, I/O modules, and any additional peripheral devices.

ControlLogix Controllers

ControlLogix Controllers are a range of programmable logic controllers (PLCs) from Allen-Bradley designed for industrial and process automation.

Rack/Slot Based Addressing

A method used in modular hardware systems, like PLCs, where devices or modules are assigned addresses based on their physical position (rack and slot) within the system.