The sum of all entries in underlying subsidiary ledgers equals the total amount in the corresponding general ledger control accounts.

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This is a fundamental principle of accounting known as the double-entry system. It ensures that all transactions are accurately recorded and balanced. The general ledger control accounts serve as a summary of the transactions in the subsidiary ledgers, and their totals should always equal the sum of the subsidiary ledgers' entries. This principle helps ensure the accuracy and integrity of financial statements.

The Sum of All Entries in Underlying Subsidiary Ledgers Equals