Question
Comparing the total of the individual accounts in the Accounts Payable Ledger against the __ total of the Accounts Payable Control Account in the General Ledger, is known as comparing reviewing adjusting balancing
Solution
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(401 Votes)
Kai
Veteran ยท Tutor for 12 years
Answer
### D. Balancing
Explanation
## Step 1: Understand the context of the question### The question pertains to accounting practices, specifically reconciling subsidiary ledgers (Accounts Payable Ledger) with the control account in the General Ledger. This process ensures that the total of individual accounts matches the control account.## Step 2: Identify the correct term### The act of ensuring that the totals match is commonly referred to as "balancing" in accounting terminology.