Control accounts reconciliation

Control accounts reconciliations

Listen to the following videos and read what we have so far covered in class and answer the questions that follow.

Answer the following questions

1.       Give examples of ledgers for which we may need a reconciliation

2.       Identify possible causes of disagreements between control accounts and subsidiary ledger accounts

3.       Explain the process of reconciling debtors control accounts with accounts in the sales ledger

4.       Explain the process of reconciling the creditors ledger control accounts with accounts in the purchases ledger.

5.       Answer the question at