The Total of All Balances in the Accounts Receivable Subsidiary

question 46

Multiple Choice

The total of all balances in the accounts receivable subsidiary ledger should equal the balance of the:

• A)accounts receivable account in the general ledger.
• B)cash account in the general ledger.
• C)accounts payable account in the general ledger.
• D)sales revenue account in the general ledger.

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Definitions:

Pollution

The contamination of the natural environment by harmful substances or waste, leading to adverse effects on living organisms and ecosystems.

Regulation

The establishment of rules or laws designed to control or govern conduct, often enacted by governments to ensure order and safety.

Earth-sustaining Economics

An economic system aimed at promoting sustainability, ensuring that economic activities do not compromise the well-being of the earth and its ecosystems.

Paul Hawken

An environmentalist, entrepreneur, and author known for his work on sustainability and the environment, particularly in relation to business and economics.