control accounts - order
to order Click answer ASSIGNMENT 1 (a) Explain the purposes for which control accounts are prepared. (b) The balances and transactions affecting the control accounts of delta Ltd. for the month of November 1997 are listed below:- Sh. Balances on 1 November 1997: Sales ledger 9,123,000 (debit) 211,000 (credit) Purchases ledger 4,490,000 (credit) 88,000 (debit) Transactions during November 1997: Purchases on credit 18,135,000 Allowances from suppliers 629,000 Receipts from customers by cheques 27,370,000 ...