The Accounts Payable account in the General Ledger is
A) The account that controls the subsidiary accounts payable ledger
B) The account that controls the purchases journal
C) The subsidiary account to the purchases journal
D) Part of a special journal
E) Part of a subsidiary ledger

Question

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The Accounts Payable account in the General Ledger acts as a control account that summarizes the total amounts owed to all suppliers, which are detailed in the subsidiary accounts payable ledger.

The Accounts Payable Account in the General Ledger Is