Control Account

Ledger

MS: Akaun Kawalan · EN: Control Account · ZH: 统制账户

Meaning

A control account is a summary account in the general ledger that controls a group of individual accounts in a subsidiary ledger. The two main control accounts are the receivables (debtors) control account and the payables (creditors) control account. The balance of a control account should equal the total of the related individual account balances.

Example

Example: Restu Enterprise has three debtors with balances of RM400, RM500 and RM300. The receivables control account should show a balance of RM1,200, that is, the total of the three debtors.

Source: DSKP KSSM Prinsip Perakaunan Tingkatan 4

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