Accounting · Self-Balancing Ledgers
Which of the following is/are control account(s) maintained in the self-balancing ledger system? (i) Bought ledger adjustment account (ii) Sales ledger adjustment account (iii) General ledger adjustment account
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only (i)
- 2Only (iii)
- 3Only (ii)
- 4Both (i) and (ii)✓
Correct answer
Both (i) and (ii)
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