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    Exam 9: Sales and Purchases
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    An Account in the General Ledger That Summarizes the Balances
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An Account in the General Ledger That Summarizes the Balances

Question 71

Question 71

Multiple Choice

An account in the general ledger that summarizes the balances found in the subsidiary ledger(s) is:


A) General Account
B) Controlling Account
C) Ledger Account
D) Journal Account

Correct Answer:

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