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A control account is a summary of the individual accounts in the subsidiary ledger(purchases or sales ledger) :)

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14y ago

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What are the types of Control Account?

sales control account purchases control account


What are the different type of control account?

sales control account purchases control account


There are two types of control account what are they?

sales ledger control account and purnchase ledger control account


Format for Debtors control account and creditors control account?

debtors


Which component of Windows 7 prompt users for permission or credentials?

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Define wages control account?

Wages control account is an account used in a management or cost accounting system, to record both direct and indirect labour cost. Using the traditional T accounts, it obviously has two sides; debit and credit. Direct labour cost are creditted to the wages control account and has its corresponding entry in the work in progress control account(debitted). Indirect labour cost will also be creditted in the wages control account and the corresponding entry in the production overhead control account.


What is a subsidiary account?

A subsidiary account is an account that is found in the subsidiary ledger. It is used to summarize the control account.


What does computer term UAC stand for?

UAC stand for User Account Control. It is located in a lot of online accounts, and helps you control your own account. You can also find it in Windows 7.


What is opening balance control account?

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Is petty cash a fixed cost?

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