Control Accounts are used mainly for debtors and creditors. Explain: (a) Why it may be appropriate to
Question:
Control Accounts are used mainly for debtors and creditors. Explain:
(a) Why it may be appropriate to use control accounts.
(b) The advantages of using them.
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Control accounts are a fundamental aspect of accounting that serve as a means to track and manage transactions related to debtors customers who owe the company money and creditors suppliers or vendors ...View the full answer
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Related Book For 
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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