Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

Eden operates a small business and has supplied information for the year ending 31 December 2019.
(a)[6]

Explain three advantages to a business of preparing control accounts.

(b)[9]

Prepare the sales ledger control account for the year to 31 December 2019.

Worked solution & mark scheme

This 15-mark question has a full step-by-step worked solution and mark scheme. One marking point: Provides a check on the arithmetical accuracy of balances

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI