Post Utme Babcock University 2020 Accounting Question 36

Practice objective / multiple choice question 36 from the 2020 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2020 Accounting Objective / Multiple Choice
Question 36 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ACCOUNTING • objective

In a self-balancing ledger, the control account is the account that is used to record the total of all the subsidiary accounts. What is the purpose of the control account in a self-balancing ledger?

Answer Options

Correct Answer A. To record the total of all the subsidiary accounts
B. To record the total of all the control accounts
C. To record the total of all the general ledger accounts
D. To record the total of all the asset accounts
Correct Answer
A
Correct Option:
To record the total of all the subsidiary accounts

About This Question

This is Post Utme Babcock University 2020 Accounting Question 36. It is one of the objective questions from the 2020 Post Utme Babcock University Accounting examination.

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