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!.


Search this site:


All the lessons on this site and much, much more...

Accounting Basics: Complete Guide

Available Now On


Get Your Degree!

Find schools and get information on the program that’s right for you.

Powered by


Subscribe to
The Student Accountant newsletter

Enter Your E-mail Address
Enter Your First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you The Student Accountant.