Why must the Accounts Receivable account in the general ledger match the totals of all the subsidiary

Question:

Why must the Accounts Receivable account in the general ledger match the totals of all the subsidiary Accounts Receivable accounts?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

Question Posted: