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The principal function of a sales ledger control account is to?

Accounts - Principles of Accounts
JAMB 1999

The principal function of a sales ledger control account is to?
  • A. serve as internal check and provide quick information for the preparation of interim financial statements
  • B. serve as external check and provide quick information for the preparation of interim financial statements
  • C. provide quick information for the preparation of customers' statement
  • D. provide information for the control of salesmen's activities
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Correct Answer: Option C
Explanation
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