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The Total of the Individual Account Balances in the Accounts

Question 14

Multiple Choice

The total of the individual account balances in the accounts receivable master file equals the:


A) total sales for the period.
B) balance of the accounts receivable account in the general ledger.
C) total sales less the total cash received for the period.
D) balance of the sales account in the general ledger.

Correct Answer:

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