(i) Facilitating the preparation of final accounts
(ii) Making the existence of error easy to detect 
(iii)Checking the accuracy of positions periodically.

From the above, which of the following are among the uses of control accounts?

Similar Questions

The major source of document which enables employer to calculate  the employee wages  is t...

A temporary difference of bank occurs in only one account with the second figure stated, this is an ...

The depreciation to be charged to department T is ? ...

Which of the following concepts recognizes the principle of double entry? ...

Date.............QTY. .....RATE........TOTAL ...............(Units).....N...........N January 2nd....

Use the following to answer the given question \(\begin{array}{c|c} & N \\ \hline sales &am...

The health department of Banjul Local Government incurred the following expenditure in 2020: ...

Which of the following is not correct? \(\begin{array}{c|c} Assets & Liabilities & Capita...

When shares are oversubscribed, the promoter nay decide to scale down the number of shareholding whe...

The rules of double entry states that ...