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Testbank, Question 32 Which of the following statements is false? A subsidiary ledger is a group of accounts that provides details about a control account
Testbank, Question 32 Which of the following statements is false? A subsidiary ledger is a group of accounts that provides details about a control account in the general ledger A subsidiary ledger includes supporting detail to the general ledger when a subsidiary ledger and a control account are used, each journal entry that affects accounts receivable must be posted twice. The balance in the control account must always equal the total of the subsidiary ledger
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