CONTROL ACCOUNTS IN THE BALANCE SHEET

Q:SHOULD THE CONTROL ACCOUNTS BE LINE ITEM IN THE BALANCE SHEET?


A: Yes. Debtors under current assets. Creditors under current liabilities.

Comments for CONTROL ACCOUNTS IN THE BALANCE SHEET

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Control Account
by: Sisir Lenka

My control account figure i.e. S. Debtors is not matching with the total of all the debtors. Any way to know the reason?

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