Multiple Choice
Which of the following is true of an accounts payable subsidiary ledger?
A) It does not indicate the amount owed to each vendor.
B) It shows only a single total for the amount owed on account.
C) It lists vendors in alphabetical order, along with amounts paid to the vendors and the remaining amounts owed to them.
D) Its format is entirely different from an accounts receivable subsidiary ledger.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: A special journal is _.<br>A)an accounting journal
Q28: Which of the following is an example
Q56: An accounting information system is said to
Q57: A company has four vendors and the
Q58: Which of the following is not included
Q59: On April 1, a hardware manufacturing firm
Q61: Centi Corporation sold goods to John for
Q63: Which of the following is true of
Q64: Mercury Corporation receives a landscaping bill on
Q99: All transactions are recorded in either one