The balance on the trade receivable control account is 57,852 and the balance of the total of the individual trade receivable is 59,152.
The difference may be due to:
A. entering a discount allowed of 650 on the debit side of the control account
Why is this the correct answer? I assume that when you debit anything in the control account, it would increase in relation to the individual trade receivable account x 2, but this is having the opposite effect.
Any help would be greatly appreciated!
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Control account reconciliations - guidance needed
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