Accounting for IGCSE & O level - Accounting Procedures (Section 3 - No. 13)

What does a purchases ledger control account help to check?
The accuracy of sales figures.
The undiminished accuracy of the accounts entered in the sales and purchases budget.
The accuracy of cash payments.
The individual accounts of the business's inventory.

Explanation

Control accounts are used to check the undiminished accuracy of the accounts entered in the sales and purchases budget.

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