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control account

NOUN
  1. an account that shows totals of amounts entered in a subsidiary ledger

How To Use control account In A Sentence

  • Cashbook reconciliation analysing bank statements and processing bank entries into cashbook cash flow management processing journals bank reconciliation capturing data accurately from primary source documents into cashbook and ledger reconciling control accounts processing creditors and writing cheques or preparing EFT payments assisting with the overall organisation salary budget process. Jobs
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