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The Use of an Accounts Payable Controlling Account

Question 3

Multiple Choice

The use of an Accounts Payable controlling account


A) Reduces the number of accounts in the general ledger.
B) Reduces the number of accounts in the subsidiary ledger.
C) Increases the number of columns in the journals.
D) Reduces the number of entries in the general journal.
E) Reduces the total number of accounts maintained.

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