- 1 Marks
Question
Another name for Debtors Control Ledger Account is?
Answer
Sales Ledger Control Account
Explanation: The Debtors Control Ledger Account is also known as the Sales Ledger Control Account. This account consolidates all debtor transactions and ensures that individual debtor balances are in line with the total debtors figure in the control account.
- Tags: Control Accounts, Sales Ledger
- Level: Level 1
- Topic: Control Accounts
- Series: NOV 2011
- Uploader: Theophilus