The Sales Ledger Control Account is also known as the:
APurchases Ledger Control Account
BTotal Creditors Account
CTotal Debtors AccountCORRECT
DReturns Inwards Account
GCEFinancial AccountingControl Accounts2023
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The Sales Ledger Control Account summarises all transactions relating to credit customers (debtors), so it is commonly referred to as the Total Debtors Account. The Purchases Ledger Control Account is alternatively called the Total Creditors Account. Returns Inwards and Returns Outwards are day books, not control accounts.
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