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Control Account ( Part 1)
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Finance
Deyians! Do your BEST. Each correct answer gives you a chance of winning this game!
By
Patty Tan
Created Date 03.03.20
Last Updated 03.03.20
Viewed 5 Times
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Topics of this game:
What is the purpose of Control Accounts
The balance on the business' Trade Payables Control Account at the end of a year should be the same as ....
The balance on the business' Trade Receivables Control account at the end of a year should be the same as...
What does the closing balance of Trade Payables Control Account represent?
Name the ledger that Trade Receivable Mary is found.
Name the journal that credit purchases in the trade payable control account is obtained from.
Which of the following transaction would NOT be recorded in the trade receivables control account?
Which of the following will be recorded in the DEBIT column of the Trade Receivables Control Account?
Which of the following transactions would not be recorded in the trade payables control account?
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