Accountancy, asked by Lathikadlo2759, 1 year ago

What Are Control Ledgers? What Are The Purposes Of Maintaining It?

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Answered by subho5543
1

In accounting, the controllingaccount (also known as an adjustment or control account) is an account in the general ledgerfor which a corresponding subsidiary ledger has been created. The subsidiary ledgerallows for tracking transactions within the controlling account in more detail.

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