Question on: SS1 Accounting - Control Account
What is a control account?
View related lesson
A
A financial account that summarizes and represents the activity and balances of a group of related accounts
B
An account used to purchase inventory
C
An account used to record employee salaries
D
An account used to track advertising expenses
Ask EduPadi AI for a detailed answer
Correct Option: A
Add your answer
Please share this, thanks!
No responses