The Accounts Payable Liability account 210000 is set as a Control Account. The current
account balance is SO.
Two Journal entries are made in the current perioD.
Entry 1 Through Journal Generator
What is the expected balance for Business Unit USOO1 in Local ledger for account 210000
after the Journal Post process is run?
A.
Entry 1 and Entry 2 are ValiD. The account balance is $-1200.
B.
Entry 1 and Entry 2 are Invalid for a Control Account. The account balance is $0. “
C.
Entry 1 is Invalid for a Control Account. Entry 2 is ValiD. The account balance is $-200.
D.
Entry l is ValiD. Entry 2 is Invalid for a Control Account. The account balance is $-1000.