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WAEC Financial Accounting 2000 Question 48

Question 48

Control Accounts

Which of the following is used in locating errors in the ledger?

  1. A.Trading Account
  2. B.Trial Balance
  3. C.Control Account
  4. D.Journal Proper.
Show the answer and explanation

Answer: C (Control Account)

Explanation

Control accounts show which ledger an error is in, so it can be found quickly.