The Total of the Balances in the Individual Creditor's Accounts

question 52

Multiple Choice

The total of the balances in the individual creditor's accounts should agree with the balance of

• A) the Purchases account in the general ledger.
• B) the Accounts Receivable account in the general ledger.
• C) the Accounts Payable account in the general ledger.
• D) the Sales account in the general ledger.

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Definitions:

Cognitive

Relating to, being, or involving conscious intellectual activity such as thinking, reasoning, or remembering.

Primary Motives

Fundamental drives or instincts that are necessary for survival, such as hunger, thirst, and the need for warmth.

Need for Food

The Need for Food refers to the basic physiological requirement for nutrition, which drives the behavior of eating to sustain life and energy levels.

State of Need

A psychological or physiological condition of lacking something requisite or desirable.