The purpose of a purchase ledger control account is to ensure that: (a) All errors in the

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The purpose of a purchase ledger control account is to ensure that:

(a) All errors in the writing up of the purchases system are detected.

(b) Most errors in the writing up of the purchases system are detected.

(c) The purchases figure in the financial statements is correct.

(d) The creditors figure in the financial statements is correct.

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Financial Accounting

ISBN: 9780273658597

3rd Edition

Authors: Anne Britton, Christopher Waterston

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