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accounting vs control account

control account vs accounting

accounting and control account both are nouns.

Word NounAdjectiveVerbAdverb
accounting Yes No No No
control account Yes No No No
As nouns, control account is a hyponym of accounting; that is, control account is a word with a more specific, narrower meaning than accounting:
  • accounting: a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
  • control account: an account that shows totals of amounts entered in a subsidiary ledger
accounting (noun) control account (noun)
the occupation of maintaining and auditing records and preparing financial reports for a business an account that shows totals of amounts entered in a subsidiary ledger
a system that provides quantitative information about finances
a convincing explanation that reveals basic causes
a statement of recent transactions and the resulting balance
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Difference between accounting and control account

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