Similar words: controlling account, accrual accounting, by all accounts, final account, on this account, special account, capital account, economic control. Meaning: n. an account that shows totals of amounts entered in a subsidiary ledger.
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1. The general ledger is also called control account .
2. See also work package, control account, contract work breakdown structure, and project summary work breakdown structure.
3. Is the accounts payable register reconciled regularly with the general ledger control account?
4. A contra enty of $980 was recorded in the payables ledger control account , but not in the payables ledger .
5. Is the total of the individual accounts independently reconciled at least monthly with the control account(s)?
6. Accounts Receivable in the subsidiary ledger at the end of mouth must be equal to the balance of Accounts Receivable control account .
7. Is the accounts payable register reconciled regularly with the general ledger control account? How Often?
More similar words: controlling account, accrual accounting, by all accounts, final account, on this account, special account, capital account, economic control, financial accounts, account receivable, traffic control, access control, financial accounting, managerial accounting, double-entry accounting, air traffic control, account, accounts, on account, no account, account for, accounting, accountant, income account, on account of, of no account, bank account, take account, unaccounted, open account.