The Total of the Individual Account Balances in the Accounts

question 18

Multiple Choice

The total of the individual account balances in the accounts receivable master file equals the:

• A) balance of the sales account in the general ledger.
• B) balance of the accounts receivable account in the general ledger.
• C) total sales less the total cash received for the period.
• D) total sales for the period.

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Definitions:

Elephant Brain

The brain of an elephant, known for its large size and high level of complexity, contributing to their advanced cognitive abilities and social behaviors.

Cerebellum

A part of the brain at the back of the skull in vertebrates, which coordinates and regulates muscle activity.

Cerebrum

The largest part of the brain, responsible for higher brain functions such as thought and action.