Question: Indicate whether the following statement is true or false regarding the procedures that must be followed at the end of the month regarding to posting

Indicate whether the following statement is true or false regarding the procedures that must be followed at the end of the month regarding to posting from the subsidiary journals?

An error will be noticed at the end of the month if the balance on the trade payables control account in the general ledger is not equal to the total of the creditors list.

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