A-LevelAccountingReconciliation and verification9706/12 · Feb/Mar 2019 · Q61 Mark
What is not a purpose of control accounts?
Ato assist in the preparation of financial statements
Bto identify all errors where the trial balance agrees
Cto provide a total for trade receivables and trade payables
Dto verify the accuracy of the individual ledger accounts
✓ Correct answer
B: to identify all errors where the trial balance agrees
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