Which Account Is the Controlling Account for the Amounts Owed

question 26

Multiple Choice

Which account is the controlling account for the amounts owed to individual creditors?

• A) Accounts Payable in the general ledger
• B) Accounts Receivable in the general ledger
• C) Accounts Receivable in the subsidiary ledger
• D) Accounts Payable in the subsidiary ledger

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Definitions:

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A method used in psychology to gather information about an individual's psychological state through direct conversation, often used in diagnosis and assessment processes.

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The 5th edition of the Diagnostic and Statistical Manual of Mental Disorders, a manual published by the American Psychiatric Association for diagnosing and classifying mental disorders.