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mock exam 2 question 29

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › mock exam 2 question 29

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 27, 2020 at 6:16 am #596628
    tushargujral
    Participant
    • Topics: 66
    • Replies: 95
    • ☆☆

    why we haven’t included the sales day book was undercast by 400 entry in suspense account

    November 27, 2020 at 9:11 am #596648
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54737
    • ☆☆☆☆☆

    The sales day book is not part of the double entry. The same (wrong) total will have been posted to bother the receivables account and the sales account. So the trial balance will still balance and there is no effect on the suspense account.

    November 27, 2020 at 9:47 am #596657
    tushargujral
    Participant
    • Topics: 66
    • Replies: 95
    • ☆☆

    okay thank you sir

    November 27, 2020 at 4:57 pm #596736
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54737
    • ☆☆☆☆☆

    You are welcome 🙂

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    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘mock exam 2 question 29’ is closed to new replies.

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