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Slide 7
Slide notes: We can open as many Stores Master
records as we need. For each Store, a Sub Ledger is opened in the main
General Ledger, and the Control Account that is selected is the head of
this Sub Ledger. All transactions on Stock Items in this Store will also be
reflected in the Control Account, and the Control Account will at all times
automatically balance to the total value of all Stock in that Store.
Therefore, the Control Account should only be used for 1 Store at a time,
and the Store is a sub ledger to the Main Stores Control Account.
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