NOUN | possession | control account | an account that shows totals / totals of amounts entered in a subsidiary ledger |
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Meaning | An account that shows totals / totals of amounts entered in a subsidiary ledger. | |
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Part of | general ledger | The ledger that contains all of the financial accounts of a business |
Broader | accounting, accounting system, method of accounting | A bookkeeper's chronological list of related debits and credits of a business |
Spanish | cuenta de control |
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