Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

5. Describe the purpose of subsidiary and control accounts. 75. What is an audit trail?

user-image
Question added by Temesgen Hagos , student managment , coolege
Date Posted: 2020/06/08
LAIQ AHMED  KHAN
by LAIQ AHMED KHAN , BRANCH MANAGAER , DXN PVT LTD

A control account is a general ledger account contained only summary amounts. The details for each control account will be found in a separate to a subsidiary ledger.

 that were required in order to begin a transaction and bring it to completion to an audit trail 

 

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.