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Mistake

Forums › FIA Forums › FA1 Recording Financial Transactions Forums › Mistake

  • This topic has 2 replies, 2 voices, and was last updated 12 years ago by Ken Garrett.
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    Posts
  • June 6, 2013 at 7:44 pm #130021
    stevie888
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    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

    June 6, 2013 at 7:58 pm #130027
    stevie888
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    Also, why aren’t all the answers included in the answers section?

    June 6, 2013 at 10:17 pm #130066
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    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?

    With

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