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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Control Accounts (Practice & Revision Kit)
Hello John
1) Could you please explain this sentence? and why does it not included in the payable ledger control account?
A supplier’s account in the payable ledger, with a debit balance of $800, has been included on the list of payables as a credit balance.
2) Can you list things which to be included in control accounts and which to be included in the list of balances, or where I can clarify about it?
Thank you
This is all explained in my free lectures on Books of Prime Entry and on Control Accounts 🙂
The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well.