Which Statement Concerning the Accounts Payable Subsidiary Ledger Is Incorrect

Multiple Choice

Which statement concerning the accounts payable subsidiary ledger is incorrect?

A) It keeps track of amounts owing to individual creditors.
B) The postings from the purchases journal are to the credit of the individual subsidiary ledger accounts.
C) The debit entries equal the credit entries.
D) None of the above are incorrect,i.e.all are correct statements.