The balance of a control account in the general ledger Select one: a. Must equal the composite

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The balance of a control account in the general ledger Select one:

a. Must equal the composite balance of individual accounts in a related subsidiary ledger

b. Must equal the amount of total assets.

c. Must always be zero.

d. Is always greater than the composite balance of individual accounts in a related subsidiary ledger

Related Book For answer-question

Accounting Principles

ISBN: 978-1119048503

7th Canadian Edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Posted Date: Oct 25, 2020 03:33 PM

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The balance of a control account in the general ledger Select one: a. Must equal the composite

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