Multiple choice

Directions: Choose the correct option for the given question.

Total creditors account prepared in

  1. Customers ledger

  2. Master ledger

  3. Suppliers ledger

  4. None of these

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

A total creditors account (or creditors control account) is maintained to summarize the balances of all individual creditors. This is typically found in the suppliers ledger or creditors ledger.