Which account is the controlling account for the amounts owed to individual creditors?
A) Accounts Payable in the general ledger
B) Purchases in the general ledger
C) Accounts Receivable in the subsidiary ledger
D) Accounts Payable in the subsidiary ledger

Question

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The controlling account for the amounts owed to individual creditors is Accounts Payable in the general ledger. This account summarizes the total amounts owed to all creditors, while the details of what is owed to each individual creditor are kept in the subsidiary ledger.

Which Account Is the Controlling Account for the Amounts Owed