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Earn +20 ptsQ: What disadvantages do control account offer?
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What are the disadvantages of control account?
1.some others errors may be created when locating errors in the control account. 2.there maybe more fraudulent activities in the control account if it is not well scrutiny.
What are the types of Control Account?
sales control account purchases control account
There are two types of control account what are they?
sales ledger control account and purnchase ledger control account
Disadvantages of a current account?
One of the disadvantages of a current account includes drawing a low interest rate, the initial paperwork when opening an account is lengthy and terms are difficult to understand.
What is control account control account?
A control account is a summary of the individual accounts in the subsidiary ledger(purchases or sales ledger) :)
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