(i) Facilitates detection of errors.
(ii) Kept by somebody different from the one who keeps the ledgers.
This minimizes chances of fraud and enhances efficiency.
(iii) May be used for reference.
(iv) Gives details not found in the ledger accounts.
(v) Relieves the ledger account of too many records.
maurice.mutuku answered the question on August 14, 2017 at 06:34
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