Which of the following would be valid reasons for writing up Total or Control accounts? (i) It

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Which of the following would be valid reasons for writing up Total or Control accounts?

(i) It becomes possible to expedite the preparation of Trial Balances

(ii) It could be part of the company’s internal control system

(iii) It is fashionable to write up Control accounts

(iv) It would become possible to localise any error to one of the subsidiary ledgers

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 30, 2023 08:25 AM

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Which of the following would be valid reasons for writing up Total or Control accounts? (i) It

Question:

a ii, iii & iv bi, ii & iii ci, ii & iv di, iii & iv

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Financial Accounting An Introduction

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