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Which of the Following Statements About Subsidiary Ledgers Is MOST

Question 65

Multiple Choice

Which of the following statements about subsidiary ledgers is MOST accurate?


A) The subsidiary ledger accounts will never equal the control account in the general ledger.
B) The accounts receivable ledger is a book of accounts that provides supporting detail for Accounts Receivable.
C) The subsidiary ledger accounts will equal the amount in the Sales account.
D) The subsidiary ledger account will equal the amount in the sales account less sales discounts.

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