Accounting for IGCSE & O level - Accounting Procedures (Section 4 - No. 46)
Which of the following is a benefit of using a sales ledger control account?
It reduces the amount of detail recorded in the ledger.
It facilitates the process of reconciling the sales ledger with the general ledger.
It replaces the need for a detailed analysis of each individual customer’s account.
It allows for the immediate recording of all transactions.
Explanation
The control account helps reconcile the sales ledger.
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