Identify the Statement Below That Is Not True with Regards

question 97

Multiple Choice

Identify the statement below that is not true with regards to the accounts receivable subsidiary ledger.

• A)Every credit sale is entered individually into the subsidiary ledger.
• B)Debits and credits in the subsidiary ledger must always equal.
• C)The subsidiary ledgers play an important role in maintaining the accuracy of the data stored in the AIS.
• D)The total of the subsidiary ledgers must equal the control account.

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Definitions:

Genetically Different

Having variations in the DNA sequence among individuals or populations, which contribute to the biological diversity and heritable traits within species.

Wild Counterpart

The naturally occurring version of a domesticated or artificially maintained entity, often found in natural environments.

Grain Farming

The cultivation of cereal crops for the production of grain, used as food for humans and livestock.

Vegeculture

An early form of agriculture focusing on the cultivation of vegetative planting parts rather than seeds, commonly practiced in certain traditional societies.