A control account is
...A control account is
an imprest system
a statement of affairs
a bank reconciliation statement
a self balancing ledger system
Correct answer is D
No explanation has been provided for this answer.
Which of the following is the effect of an increase in the provision for discount allowed? ...
On the 30/5/93 Tolu & Co. paid 2 years rent of N50,000 which was debited to the rent account.&nb...
A credit note from a supplier for damaged goods would first be entered in the ...
The term used to denote the capital of a not-for-profit making organization is ...
Given: Opening capitaL................N7 000 Additional capital.............N3 500 Net..............