Control Accounts 4.5 / 5 based on 4 ratings ? AccountingASAQA Created by: KarlCreated on: 02-01-13 18:04 What side of the Sales ledger control account does the balance brought down go on? Left 1 of 7 What side of the purchase ledger does contra go on? Left 2 of 7 What side of the sales ledger does contra go on? Right 3 of 7 On the purchase ledger what side increases what the business owes? Right 4 of 7 On the sales ledger, what side decreased what the customers owe Right 5 of 7 Do you balance the Control accounts off? Yes 6 of 7 Do the closing balances from the control accounts go on the Balance Sheet 7 of 7
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