Question: Question 13 15 pts A control account does not appear on the balance sheet has a balance that equals the sum of the balances in

Question 13 15 pts A control account does not appear on the balance sheet has a balance that equals the sum of the balances in a group of related accounts in a subsidiary ledger is equivalent to a contra account and represents the offsetting nature of debits and credits on a firm's financial statements holds individual accounts that support a general ledger account

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