Which of the Following Is Not True About the Accounts

question 46

Multiple Choice

Which of the following is not true about the accounts receivable subsidiary ledger?

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

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