Why are Accounts Receivable opening balances not posted to the General Ledger? a. Accounts Receivable is a

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Why are Accounts Receivable opening balances not posted to the General Ledger?

a. Accounts Receivable is a control account.

b. The Accounts Receivable amount is already in the Accounts Receivable General Ledger account.

c. Opening balance are not entered.

d. You are not able to post to the General Ledger.

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College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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Posted Date: Feb 02, 2024 05:09 AM

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Why are Accounts Receivable opening balances not posted to the General Ledger? a. Accounts Receivable is a

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