vaibhavacca saysMay 10, 2018 at 7:14 pmwhy didn’t you credit 1600 in the receivables ledger control account?Log in to Reply
jlbchba saysJune 27, 2017 at 2:06 amWhy didn’t you debit the $1200 to the control account seeing the question says “list of balances”?Log in to Reply
John Moffat saysJune 27, 2017 at 6:44 amBecause the list of balances is from the receivables ledger which is not part of the double entry.Have you watched the earlier lectures on Books of Prime Entry?Log in to Reply
vaibhavacca says
why didn’t you credit 1600 in the receivables ledger control account?
jlbchba says
Why didn’t you debit the $1200 to the control account seeing the question says “list of balances”?
John Moffat says
Because the list of balances is from the receivables ledger which is not part of the double entry.
Have you watched the earlier lectures on Books of Prime Entry?