Which of the Following Is True of an Accounts Payable

question 60

Multiple Choice

Which of the following is true of an accounts payable subsidiary ledger?

• A)It does not indicate the amount owed to each vendor.
• B)It shows only a single total for the amount owed on account.
• C)It lists vendors in alphabetical order, along with amounts paid to the vendors and the remaining amounts owed to them.
• D)Its format is entirely different from an accounts receivable subsidiary ledger.

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