Chapter 9, Problem 7QY

The schedule of accounts payable lists each creditor’s account balance, and the total equals the _________________.

1. a. Controlling account in the journal
2. b. Accounts Payable account in the general ledger
3. c. Accounts Receivable account in the general ledger
4. d. Purchases account in the general ledger
5. e. Sales account in the general ledger