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control account

noun

  1. a general account showing totals of transactions with detailed figures appearing in subsidiary ledgers.


control account

noun

  1. accounting an account to which are posted the debit and credit totals of other accounts, usually in preparation of financial statements
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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