[krishna94]

Thanks a lot sir !

[krishna94]

Hi Sir,

I guess the explanation to the solution for this question has not been provided. Can you please explain us the solution ?

Regards

[krishna94]

thank you john…. i also wanted to ask you if the beckers study material is good enough for preparations or not ?

[krishna94]

i am preparing for my F3 exam and i am stuck on control accounts chapter, My doubt is in this question :

Cash of $50 paid to freddie had been credited to his account, and a cheque paid to james for $250 had been omitted from his ledger.

why do we subtract 250 for the balance of the individual accounts in the reconciliation statement ?

Please help.

[Author]

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