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a) Explain the purposes for which control accounts are prepared in a business organization. XML Ltd maintains control accounts in its business records. The balances
a) Explain the purposes for which control accounts are prepared in a business organization.
XML Ltd maintains control accounts in its business records. The balances are transactions relating to the company
month of December 1994 are listed below;
Balance at 1 December 1994:
8,452,000
5.687.500
203,500
284,000
930.000
615.000
7.985,000
4,732,000
88,500
400.000
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Cost Accounting Foundations And Evolutions
Authors: Michael R. Kinney, Jenice Prather-Kinsey, Cecily A. Raiborn
6th Edition
0324235011, 978-0324235012
