Multiple Cholce Question

Review the statements below and choose the one that correctly describes a control account.

A control account appears in the general ledger and is supported by a subsidiary ledger.

A control account is a separate account that is a detailed record of a general fedger account.

A control account is updated at the end of an accounting period to reflect the het change in all equity accounts.

A control account appears in a subsidiary ledger and is supported by a general ledger account

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