Multiple choice

Directions: Choose the correct option for the given question:

The balance of ______ represents the total balance of stock of each item of material.

  1. stock ledger

  2. stock ledger control account

  3. stock register

  4. stock ledger adjustment

  5. none of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The stock ledger control account is a summary account in the general ledger that represents the total value of all individual stock items recorded in the subsidiary stock ledger.