What is the controlling account for the amounts owed to individual creditors?A. Accounts Payable in the general ledger B. Accounts Receivable in the general ledger C. Accounts Receivable in the subsidiary ledger D. Accounts Payable in the subsidiary ledger
D. AP in the subsidiary ledger
The amounts are owed, so they are payable. You are also looking for the individual account balances, which will be found in the subsidiary ledger, which is more detailed.
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