CONTROL ACCOUNT II : LSUS
Financial Accounting SSS2 Third Term
WEEK – FIVE
CONTROL ACCOUNT II
CONTENT
TOPIC: CONTROL ACCOUNT
Illustration: The following balance were extracted from the books of Olotun Enterprises on 30th October, 1993
N
Purchase 1993 7,532
Purchase ledger 1/10/93 7,948
Sales ledger 1/10/93 90,454
Sales day book 77,530
Returns outwards 3,960
Returns inwards 14,180
Cheque received from customers 56,680
Cheque paid to suppliers 61,860
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- Chapters 7
- Category SSS2
- Author ClassNotes Edu
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