Control accounts: A control account is an account that is recorded in the general ledger and is a summary of all the records of the subsidiary ledger. The control account helps in verifying the balances of both ledgers of a particular account. Subsidiary accounts: These are the accounts which record the individual balances of those accounts which are also recorded in the general ledger. The subsidiary account provides the detailed information of the account. To indicate: The missing balance in control account and subsidiary ledger

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Answer 1

Question

Chapter 7, Problem 7.11E

(a)

To determine

Control accounts: A control account is an account that is recorded in the general ledger and is a summary of all the records of the subsidiary ledger. The control account helps in verifying the balances of both ledgers of a particular account.

Subsidiary accounts: These are the accounts which record the individual balances of those accounts which are also recorded in the general ledger. The subsidiary account provides the detailed information of the account.

To indicate: The missing balance in control account and subsidiary ledger

(b)

To determine

To indicate: The missing amount in the control account.

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Answer 2

Question

Chapter 7, Problem 7.11E

(a)

To determine

Control accounts: A control account is an account that is recorded in the general ledger and is a summary of all the records of the subsidiary ledger. The control account helps in verifying the balances of both ledgers of a particular account.

Subsidiary accounts: These are the accounts which record the individual balances of those accounts which are also recorded in the general ledger. The subsidiary account provides the detailed information of the account.

To indicate: The missing balance in control account and subsidiary ledger

(b)

To determine

To indicate: The missing amount in the control account.

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Answer 3

Question

Chapter 7, Problem 7.11E

(a)

To determine

Control accounts: A control account is an account that is recorded in the general ledger and is a summary of all the records of the subsidiary ledger. The control account helps in verifying the balances of both ledgers of a particular account.

Subsidiary accounts: These are the accounts which record the individual balances of those accounts which are also recorded in the general ledger. The subsidiary account provides the detailed information of the account.

To indicate: The missing balance in control account and subsidiary ledger

(b)

To determine

To indicate: The missing amount in the control account.

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Answer 4

Question

Chapter 7, Problem 7.11E

(a)

To determine

Control accounts: A control account is an account that is recorded in the general ledger and is a summary of all the records of the subsidiary ledger. The control account helps in verifying the balances of both ledgers of a particular account.

Subsidiary accounts: These are the accounts which record the individual balances of those accounts which are also recorded in the general ledger. The subsidiary account provides the detailed information of the account.

To indicate: The missing balance in control account and subsidiary ledger

(b)

To determine

To indicate: The missing amount in the control account.

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Answer 5

Chapter 7, Problem 7.11E

(a)

To determine

Control accounts: A control account is an account that is recorded in the general ledger and is a summary of all the records of the subsidiary ledger. The control account helps in verifying the balances of both ledgers of a particular account.

Subsidiary accounts: These are the accounts which record the individual balances of those accounts which are also recorded in the general ledger. The subsidiary account provides the detailed information of the account.

To indicate: The missing balance in control account and subsidiary ledger

(b)

To determine

To indicate: The missing amount in the control account.

Answer 6

Chapter 7, Problem 7.11E

(a)

To determine

Control accounts: A control account is an account that is recorded in the general ledger and is a summary of all the records of the subsidiary ledger. The control account helps in verifying the balances of both ledgers of a particular account.

Subsidiary accounts: These are the accounts which record the individual balances of those accounts which are also recorded in the general ledger. The subsidiary account provides the detailed information of the account.

To indicate: The missing balance in control account and subsidiary ledger

Answer 7

Chapter 7, Problem 7.11E

(a)

To determine

Control accounts: A control account is an account that is recorded in the general ledger and is a summary of all the records of the subsidiary ledger. The control account helps in verifying the balances of both ledgers of a particular account.

Subsidiary accounts: These are the accounts which record the individual balances of those accounts which are also recorded in the general ledger. The subsidiary account provides the detailed information of the account.

To indicate: The missing balance in control account and subsidiary ledger

Answer 8

(b)

To determine

To indicate: The missing amount in the control account.

Answer 9

(b)

To determine

To indicate: The missing amount in the control account.

Answer 10

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Answer 11

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Answer 12

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Answer 13

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To indicate: The missing amount in the control account.

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