(3a)-purchase ledger system-sales ledger system-payroll system-norminal ledger-reconcilation
(3b)=the gross profits of each department can be ascertained-unprofitable departments will be revealed-the result of operation can be used to pay the manager of each department-the progress of each department can be monitored.
(3c)control accounts are accounts prepared to check the accuracy of some specified ledgers
(2a) dissolution of partnership is d coming to an end of a partnership agreement.
(2b) bankrupcy of a partner-death of a partner-retirement of a partner- decision to discontinue-insolvency of the business.
