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Correcting Errors

Forums › FIA Forums › FA1 Recording Financial Transactions Forums › Correcting Errors

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by secondstar.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • October 27, 2015 at 2:55 am #279149
    erickjoseph
    Participant
    • Topics: 3
    • Replies: 6
    • ☆

    Could anyone help me to show how we can correct this error on the receivables ledger?

    The sales returns of $200 was recorded twice on the receivable ledger. On the side of cash it was recorded correctly.

    October 27, 2015 at 5:42 am #279160
    secondstar
    Member
    • Topics: 16
    • Replies: 220
    • ☆☆☆

    Is it a question from Control Account??

    If yes, then simply make a Debit entry in Receivables Ledger…

    If not, then please mention from which chapter is it.

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