单词 | control account |
释义 | control account in British Englishnoun accounting an account to which are posted the debit and credit totals of other accounts, usually in preparation of financial statements control account in Accounting (kəntroʊl əkaʊnt) Word forms: (regular plural) control accounts noun (Accounting: Financial statements) account , account A control account is an account which contains the debit and credit totals of other accounts, and isused to prepare financial statements. A control account is a summary account, where entries are made from totals of transactions for a period. The sum of the balances in the individual customers' accounts is the balance in the control account. A control account is an account which contains the debit and credit totals of other accounts, and isused to prepare financial statements. |
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