The Controlling Account in the General Ledger That Summarizes the Debits

question 48

Multiple Choice

The controlling account in the general ledger that summarizes the debits and credits to the individual customers accounts in the subsidiary ledger is entitled

• A) Purchases
• B) Accounts Payable
• C) Fees Earned
• D) Accounts Receivable

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Definitions:

Flush

The act of cleansing something (such as a toilet) by causing a large flow of water to pass through it, or a sudden reddening of the face typically caused by emotions or heat.

Object Permanence

The understanding that objects continue to exist even when they cannot be observed, seen, or heard, which typically develops in infancy.

Infant Amnesia

The phenomenon where most people are unable to recall personal experiences from their early childhood, typically before age 3 or 4.

Kicking Strategy

Techniques or plans developed to effectively use kicking as a method in sports or martial arts.