The general rule for posting to a subsidiary ledger and its controlling account is
A) The controlling account is debited periodically for an amount or amounts equal to the sum of the debits to the subsidiary ledger
B) The controlling account is credited periodically for an amount or amounts equal to the sum of the credits to the subsidiary ledger
C) A trial balance ledger
D) The controlling account is both debited and credited periodically for an amount or amounts equal to the sum of the debits or credits to the subsidiary ledger
E) All of these

Question

Quizplus · Accepted Answer

The general rule for posting to a subsidiary ledger and its controlling account is that the controlling account is both debited and credited periodically for an amount or amounts equal to the sum of the debits or credits to the subsidiary ledger. This ensures that the balances in the subsidiary ledger and the controlling account are in agreement. A trial balance ledger is not a common term used in accounting.

The General Rule for Posting to a Subsidiary Ledger and Its