This document consists of ;
page 1
All relevant entries relevant to trade receivables/ debtors
Source of information
Normal double entry
Sales ledger control account double entry
Preparation of a sales ledger control account
page 2
All relevant entries relevant to trade payable/ creditors
Source of information
Normal double entry
Purchases ledger control account double entry
Preparation of a purchases ledger control account
It is an easy method to make the students understand the concept of control accounts.
page 1
All relevant entries relevant to trade receivables/ debtors
Source of information
Normal double entry
Sales ledger control account double entry
Preparation of a sales ledger control account
page 2
All relevant entries relevant to trade payable/ creditors
Source of information
Normal double entry
Purchases ledger control account double entry
Preparation of a purchases ledger control account
It is an easy method to make the students understand the concept of control accounts.
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