NECO Accounting 2007 Objective — Question 54
Question 54 of 60 from the National Examinations Council (NECO) Accounting 2007 Objective paper, with the correct answer and a full explanation.
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Control account is classified into _____ ledgers.
- A. assets and liabilities
- B. cash and bank
- C. income and expenditure
Explanation
Control accounts are mainly classified into the sales ledger control account and the purchases ledger control account.
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