CONTROL ACCOUNT ENTRIES QUESTION

by OLOWE SUNDAY
(NIGERIA)

THE LIST OF BALANCE FROM THE PURCHASES LEDGER SHOWS A TOTAL OF $14,530 AND THAT FROM THE SALES LEDGER A TOTAL OF $216,580. PLEASE SHOW ME HOW IT WILL BE POSTED IN THE CONTROL ACCOUNTS.

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How to post in control account
by: Uwem

First open Purchase or creditor control account and credit it with the balance b/f $14,530.

Second open a sales or debtors control account and debit it with the bal b/f 216,580.

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