A control account is maintained in the cost ledger so that double entry in the cost ledger may be completed and make it self – balancing. These control accounts are nothing but total accounts or adjustment accounts, summarizing mass of information contained in the subsidiary ledgers. These control accounts are posted with the totals of items which have been debited or credited in detail to the accounts in the ledgers to which they relate. The balance in control accounts represents the total of balances in a number of accounts of similar nature maintained in that subsidiary ledger to which the control relates.
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