- This topic has 1 reply, 2 voices, and was last updated 6 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Bill is unsure of the accounting entries required to account for a contra between the receivables ledger control and payables ledger control accounts for $1,250
What are the journal entries required to account correctly for a contra between trade receivables and trade payables control account?
Q> Isn’t contra to fill in a difference when the trial balance doesn’t balance?
if it just says a contra between two accounts, how do you know which one to correct?
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.