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5. Describe the purpose of subsidiary and control accounts. 75. What is an audit trail?

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Question added by Temesgen Hagos , student managment , coolege
Date Posted: 2020/06/08
LAIQ AHMED  KHAN
by LAIQ AHMED KHAN , BRANCH MANAGAER , DXN PVT LTD

A control account is a general ledger account contained only summary amounts. The details for each control account will be found in a separate to a subsidiary ledger.

 that were required in order to begin a transaction and bring it to completion to an audit trail 

 

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