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control account

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › control account

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • July 12, 2015 at 4:17 am #260582
    persaud
    Member
    • Topics: 4
    • Replies: 6
    • ☆

    part of a question

    a supplier in the payables ledger with a debit balance of 800 has been included on the list of payables as a credit balanc

    why we do not correct this in the payables ledger control account

    July 12, 2015 at 8:50 am #260593
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    Why would you? The error is in the extracted list of balances, not in the control account

    And what’s this question doing in the F4 Law Ask the Tutor page?

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