investigation into the differences in the two balances revealed the dollowing: 1. Mr Darkowaah's account with a debit ba
Posted: Tue Apr 26, 2022 12:15 pm
investigation into the differences in the two balances revealed the dollowing:
1. Mr Darkowaah's account with a debit balance of GHc 700 has been omitted from the list of balances
2. Sales returns of GHc 400 has not been entered in the control account
3. A credit balance of GHC 500 has been entered on the list of balances as debit, and
5. A sales invoice of GHc125 was entered into the sales day book as GHc 215. Required to provide correct closing receivable balance
1. Mr Darkowaah's account with a debit balance of GHc 700 has been omitted from the list of balances
2. Sales returns of GHc 400 has not been entered in the control account
3. A credit balance of GHC 500 has been entered on the list of balances as debit, and
5. A sales invoice of GHc125 was entered into the sales day book as GHc 215. Required to provide correct closing receivable balance