Other questions in this quiz

2. Do you balance the Control accounts off?

  • Yes
  • No

3. What side of the Sales ledger control account does the balance brought down go on?

  • Left
  • Right

4. Do the closing balances from the control accounts go on the

  • Balance Sheet
  • Income Statement
  • Trial Balance

5. What side of the purchase ledger does contra go on?

  • Left
  • Right

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