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What is the purpose of reconciling the Debtors and creditors balances with the Control Account balances?

Accounting Account Management
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Question added by Christian Kpodo , Accounting Tutor , Moeng College
Date Posted: 2015/08/25
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Christopher James Ikechukwu
by Christopher James Ikechukwu , Manager- Strategy and Business , DDB Lagos

it helps to measure the actual income realized through day-to-day business activities versus the business projection for a particular period.

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