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The Use of an Accounts Payable Controlling Account

Question 73

Multiple Choice

The use of an Accounts Payable controlling account:


A) Reduces the number of accounts in the subsidiary ledger.
B) Reduces the total number of accounts maintained.
C) Reduces the number of entries in the general journals.
D) Reduces the number of accounts in the general ledger.
E) Increases the number of columns in the journals.

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