The account in the general ledger that summarizes the balances of the accounts in a subsidiary ledger.

What will be an ideal response?

controlling account

Business

You might also like to view...

A ________ is made up of a company, its suppliers, distributors, and, ultimately, customers who "partner" with each other to improve the performance of the entire system

A) manufacturing chain B) distribution center C) marketing intermediary D) value delivery network E) disintermediation system

Business

A disclaimer of the implied warranty of merchantability must be in writing to be valid

Indicate whether the statement is true or false

Business