Multiple choice

Directions: Choose the correct option for the given question:

______ are total accounts maintained in the cost ledger.

  1. Master accounts

  2. Control accounts

  3. General accounts

  4. Total accounts

  5. Main accounts
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Control accounts are summary accounts maintained in the general or cost ledger that correspond to the total of the balances in a subsidiary ledger.

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