a general account showing totals of transactions with detailed figures appearing in subsidiary ledgers.
(accounting) an account to which are posted the debit and credit totals of other accounts, usually in preparation of financial statements


Read Also:

  • Control and status register

    hardware (CSR) A register in most CPUs which stores additional information about the results of machine instructions, e.g. comparisons. It usually consists of several independent flags such as carry, overflow and zero. The CSR is chiefly used to determine the outcome of conditional branch instructions or other forms of conditional execution. (1998-06-26)

  • Control-board

    noun 1. a panel containing switches, dials, and other equipment for regulating electrical devices, lights, etc.

  • Control bus

    architecture In a digital computer, the signal paths that carry commands from the instruction decode logic to various different functional units such as the ALU, memory address register, memory data register and other buffers. Named by analogy with the address bus and data bus, each of which carries a set of related signals, the signals […]

  • Control-center

    noun 1. an administrative or operational center for a group of related activities: the control center for the new military offensive.

Disclaimer: Control-account definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.