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T/F an account in a general ledger that summarizes all accounts in a subsidiary ledger.
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Jul 8, 2024
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T/F an account in a general ledger that summarizes all accounts in a subsidiary ledger.
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Sandeep Sherpur
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An account in a general ledger that summarizes all accounts in a subsidiary ledger is called a controlling account. The balance of a controlling account equals the total of a related subsidiary ledger.
Jerry Cheung
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Jul 13, 2024
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