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Forums › FIA Forums › FA1 Recording Financial Transactions Forums › Mistake
Hi There
There seems to be a mistake in Illustration 1 of chapter 3 part 5, where the difference is calculated as $200, but $300 is taken to be the figure in the totals column. Can someone explain?
Many Thanks
Also, why aren’t all the answers included in the answers section?
Sorry. That is an error. Probably to make question and asnwer agree by error 2 to be:
2. An invoice for $500 in the day book was posted as $200 to B’s account [ie change 300 to 200].
The correction needed would then be:
2 $500 – $200= $300 too little posted to B Ltd 300
Thank you for that. We will correct the text as soon as we can.
With regard to missing answers, there shouldn’t be any. Have you specific examples?
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