Control Accounts Definition, Types & Example
4:35
Control Accounts Definition, Types & Example
12K viewsSep 7, 2020
Study.com
PLCA explained ✍🏻 purchase ledger control, payables ledger control, whatever you call it, this account is the account which tells a business how much is owed to its credit suppliers. It is therefore a current liability & to increase it we credit, to decrease we debit 👏🏼
2:10
PLCA explained ✍🏻 purchase ledger control, payables ledger control, whatever you call it, this account is the account which tells a business how much is owed to its credit suppliers. It is therefore a current liability & to increase it we credit, to decrease we debit 👏🏼
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