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I did not understand the question thoroughly and apologize that my answer was Latvian required purpose: The trial balance and a way to make sure of the accuracy computational data recorded book of daily health and deportation to the ledger accounts and is not to balance the balance of audit evidence on the existence of an error or errors in accounting operations, while the balance of the trial balance is not considered proof of the absence of an error or errors in the accounting processes may occur whether an error or errors in the registration process or deportation, however does not appear in the trial balance and because of that there are types of errors do not reflect their impact on the balance of the balance of the audit process.
A control account is a summary account in the general ledger. The details that support the balance in the summary account are contained in a subsidiary ledger—a ledger outside of the general ledger. The purpose of the control account is to keep the general ledger free of details, yet have the correct balance for the financial statements. For example, the Accounts Receivable account in the general ledger could be a control account. If it were a control account, the company would merely update the account with a few amounts, such as total collections for the day, total sales on account for the day, total returns and allowances for the day, etc
A control account is a summary-level account in the general ledger. The control account contains aggregated totals for transactions that are individually stored in subsidiary-level ledger accounts. Control accounts are most commonly used for accounts receivable and accounts payable, since these areas contain a large volume of transactions, and so need to be separated into subsidiary ledgers, rather than cluttering up the general ledger with too much detailed information. The balance in a control account should match the total for the related subsidiary ledger. If the balance does not match, it is possible that a journal entry was made to the control account that was not also made in the subsidiary ledger.
The typical level of activity in a control account is on a daily basis. For example, all payables entered during one day will be aggregated from the subsidiary ledger and posted as a single summary-level number into the accounts payable control account. Posting into all control accounts must be completed before the books can be closed for a reporting period; otherwise, transactions may be stranded in a subsidiary ledger.
If anyone wants to see detailed transactional information for accounts payable, they can review the detail located in the subsidiary ledger, since it is not located in the general ledger.
Control accounts are most commonly used by large organizations, since their transaction volume is very high. A small organization can typically store all of its transactions in the general ledger, and so does not need a subsidiary ledger that is linked to a control account.
I don't know
My title is accountant but i like managment more :)
when you setup your accounting system, you designate a control account that balances the unbalanced transaction to be able to post and transfer the transaction from one side and to keep an eye on this account at the end of each month to catch the unbalancing errors happen during the month.
