Identify the Statement Below That Is Not True with Regards

Multiple Choice

Identify the statement below that is not true with regards to the accounts receivable subsidiary ledger.

A) Every credit sale is entered individually into the subsidiary ledger.
B) Debits and credits in the subsidiary ledger must always equal.
C) The subsidiary ledgers play an important role in maintaining the accuracy of the data stored in the AIS.
D) The total of the subsidiary ledgers must equal the control account.