Refresh or test your accounting knowledge on Control or Total Accounts
QUESTIONS:1.0 What is a control account? —->> refer article
2.0 What ledger entries are made from the discounts allowed column in the cash book? 3.0 Give three examples of typical entries on the credit side of a debtors control account —–>> refer article 4.0 List three reasons why control accounts should be maintained. —->> refer article
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