Every controlling account must have its own:
A) primary ledger.
B) general ledger.
C) subsidiary ledger.
D) general journal.

Name: Every controlling account must have its own: A) primary ledger. B) general ledger. C) subsidiary ledger. D) general journal.
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Question

Quizplus · Accepted Answer

A controlling account is an account in the general ledger for which a corresponding subsidiary ledger has been created. The subsidiary ledger contains the details needed to support the summary amounts recorded in the controlling account.

Every Controlling Account Must Have Its Own