Acca financial Accounting (FA) Study Text ac ca (FA)

Books of prime entry and control accounts 

39 

Which of the following is not the purpose of a receivables ledger 

control account?

 

A 

A receivables ledger control account provides a check on the 

arithmetic accuracy of the personal ledger 

B 

A receivables ledger control account helps to locate errors in the trial 

balance 

C 

A receivables ledger control account ensures that there are no errors 

in the personal ledger 

D 

Control accounts deter fraud 

40 

Which one of the following is a book of prime entry and not part of 

the double-entry system?

 

A 

the sales ledger 

B 

the petty cash book 

C 

the sales ledger control account 

D the 

purchase 

ledger 

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