HBC 2101: CONTROL ACCOUNTS

Institution JKUAT
Course Information Technolo...
Year 1st Year
Semester Unknown
Posted By Jeff Odhiambo
File Type pdf
Pages 11 Pages
File Size 253.08 KB
Views 7108
Downloads 0
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Description

Control accounts are so called because they control a section of the ledgers. By control we mean that the total on the control accounts should be the same as the totals on the ledger accounts. There are two main types of control accounts:
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