O-LevelAccountingVerification of accounting records7707/11 · May/June 2021 · Q91 Mark
Which statement about a purchases ledger control account is not correct?
AIt acts as a check on the balance of the purchases account.
BIt includes transactions relating to all the credit suppliers.
CIt is prepared using information from the books of prime entry.
DIt provides proof of the arithmetical accuracy of the purchases ledger.
✓ Correct answer
A: It acts as a check on the balance of the purchases account.
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