Discuss subsidiary ledger for accounts payable


Question: Kathy's Craft Supplies uses a subsidiary ledger for accounts payable. Where would she look if she wanted to know the sum of the individual account balances? a. The purchases account on the work sheet b. The controlling account in the general ledger c. In the accounts payable ledger d. The purchases account in the general ledger

 

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Accounting Basics: Discuss subsidiary ledger for accounts payable
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