[Answer] Which of the following is not a control account?

Answer: b. Factory Labor

Most relevant text from all around the web:

Which of the following is not a control account? Chapter 15. STUDY. Flashcards. Learn. Write. Spell. Test. PLAY. Match. Gravity. Created by. ... Which of the following is not a control account ? b. Factory Labor. The entry to record the acquisition of raw materials on account is. d. Raw Materials Inventory Accounts Payable. The job cost sheet does not … Mon Jul 04 2016 · Which of the following is not a control account? Raw Materials Inventory . Factory Labor . Manufacturing Overhead . All of the above are control accounts. Which of the following is not a control account? a. Raw Materials Inventory . b. Factory Labor . c . Manufacturing Overhead . d. All of the above are control accounts. The ending balance in a control account should match the ending total for the related subsidiary ledger. If the balance does not match it is possible that a journal entry was made to the control account that was not also made in the subsidiary ledger. The typical level of activity in a control account … The control accounts also assist in the location of errors where postings to the control accounts are made daily or weekly or even monthly. 3. Where there is a separation of clerical duties the control account provides an internal check. 4. Ascertains missing figures … The general ledger account that sums the subsidiary accounts is said to control the balances that are reported in the ledger. Thus we call it a controlling account . This makes sense because the subsid...

Disclaimer: 

Our tool is still learning and trying its best to find the correct answer to your question. Now its your turn, "The more we share The more we have". Comment any other details to improve the description, we will update answer while you visit us next time...Kindly check our comments section, Sometimes our tool may wrong but not our users.

Are We Wrong To Think We're Right? Then Give Right Answer Below As Comment