Series 2, Episode 8 – Control Accounts: Receivables & Payables

Series 2, Episode 8 – Control Accounts: Receivables & Payables

In this episode of Debit, Credit, Done! we break down Control Accounts, focusing on the Receivables Ledger Control Account (RLCA) and the Payables Ledger Control Account (PLCA).

We’ll cover:

  • What control accounts are and why they’re important

  • The structure of RLCA and PLCA

  • Worked examples with credit sales, discounts, payments, and irrecoverable debts

  • How to reconcile RLCA and PLCA with the lists of balances

  • AAT exam tips to avoid the most common errors

By the end, you’ll understand how control accounts act as a vital internal check and how to approach them in your AAT Level 3 exam.


#AAT #Accounting #DebitCreditDone #ControlAccounts #RLCA #PLCA #AATLevel3

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