Paul Borg
April 19, 2020
3:39 pm
This Lesson Was Contributed By:
Paul Borg
This Lesson is For:
Lesson Duration:
240 mins.
What Should You Expect From This Lesson?
Explaining the purpose of the Sales Ledger Control Account and of the Purchases Ledger Control Account; Identifying the sources of data for the drawing up of these control accounts; Showing how these control accounts are drawn up; Explaining set-offs (contra entries) and where these appear in the control accounts; Discussing the advantages of control accounts.
How To Carry Out This Lesson At Home:
Questions & Answers serve as Text. These may or may not require teacher guidance, depending on student’s level of reading and understanding of English, besides other factors.
Class Demos (CD) are exercises meant to be worked out with teacher guidance.
Homework (HW) are exercises meant to be worked out without teacher guidance (lesson duration does NOT include HW).
Both CD & HW are mainly exercises taken from SEC exam papers pre 2010 . Answers to both in excel file.
