sales ledger control account?
moltisanti98
Registered Posts: 7
Hi everyone, I am doing a question where i have to take entries from the cash book and transfer them to general ledger accounts. The answers were a wages account, rent, stationery and two sales ledger control accounts. There were two customers but i thought the sales ledger control was the total of all the sales ledgers. So why two sales ledger control accounts instead of one? Thanks
0
Comments
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Sure they weren’t subsidiary accounts? Double entry should be in control account and then 2 single entries in sales ledger subsidiary accounts (for each customer)?0
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Thanks for the reply I think it was a mistake in the book dm anymore I passed the exam.1
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