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Question 4 (a)Sales ledger control Account is known to have a debit balance. Explain, using numerical example why at certain instances the account has both
Question 4 (a)Sales ledger control Account is known to have a debit balance. Explain, using numerical example why at certain instances the account has both debit and credit balance brought down (b)Construct a Purchases Ledger Control Account, using your own numerical example, with five items of your choice (c)Briefly discuss the role of the control accounts in the preparation of financial statements of organizations
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