The statement about control accounts that is not correct is:
A) they provide summarised data.
B) they follow the normal rules of debit and credit.
C) they appear in the subsidiary ledger.
D) they appear in the trial balance.
Correct Answer:
Verified
Q3: The assignment of tasks so that the
Q4: The main reason for using special journals
Q5: How many of these are advantages
Q6: Which of these is not a physical
Q7: In the development of an accounting system
Q9: Preston Ltd uses a subsidiary ledger and
Q10: Data that have been processed in some
Q11: _are internal controls established to provide general
Q12: Which of these is not usually an
Q13: How many of these are important
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