The General Ledger Account Representing the Subsidiary Ledger Is Known

Multiple Choice

The general ledger account representing the subsidiary ledger is known as a control account because:

A) inclusion of both control accounts and subsidiary ledger accounts in the general ledger improves control.
B) the accuracy of the detailed accounts in the subsidiary ledger can be checked against the aggregate data and the balance contained in it.
C) subsidiary ledgers eliminate the need to record totals in the general ledger.
D) it includes all transactions in the subsidiary ledger.