Meaning Of The Word Control account
What's the definition of Control account? Find Control account meanings, definitions and more at the Real Dictionary online.
Control account Meaning
| Control account Definition |
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What's The Definition Of Control account?
control account in Accounting
noun: A control account is an account which contains the debit and credit totals of other accounts, and is used to prepare financial statements. control account in American English noun: a general account showing totals of transactions with detailed figures appearing in subsidiary ledgers control account in British English noun: an account to which are posted the debit and credit totals of other accounts, usually in preparation of financial statements |
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