Reasons to maintain "Memorandum Accounts" & "Control Accounts"


Q: What are the reasons to maintain individual memorandum accounts?


AND

What are the reasons to maintain control accounts?

Kindly answer in the form of 'points'. I'll be very thankful.

A:


Click here to post comments

Return to Ask a Question About This Lesson!.






Enjoying this Website?
Help Support it with a Donation

OR...





Advertise on Accounting-Basics-for-Students.com