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62. A subsidiary ledger that contains a separate account for each party that grants credit on account to the business is called a(n):A.Controlling account.B.Accounts Receivable Ledger.C.Accounts Payable Ledger.D.Merchandise Inventory Ledger.E.Accounts Payable.Page 20 of 34
Difficulty: EasyLarson - Chapter 08 #62Learning Objective: 3Type: Knowledge63. An Accounts Receivable ledger is:
Difficulty: ModerateLarson - Chapter 08 #63Learning Objective: 3Type: Knowledge64. The use of an Accounts Payable controlling account:
Difficulty: ModerateLarson - Chapter 08 #64Learning Objective: 3Type: Knowledge
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65. The accounts receivable ledger:
Difficulty: HardLarson - Chapter 08 #65Learning Objective: 3Type: Knowledge66. The ledger that contains the financial statement accounts of a business is the:A.Columnar journal.B.Accounts payable ledger.C.General journal.D.General ledger.E.Subsidiary ledger.
Difficulty: EasyLarson - Chapter 08 #66Learning Objective: 3Type: Knowledge67. The accounts payable account in the general ledger is:
Difficulty: ModerateLarson - Chapter 08 #67Learning Objective: 3Type: Knowledge