Omission of a creditor's balance from the list of balances extracted creditor's ledger necessitates adjustment
a) To the list of balances only
b) To the list of balances and to the creditor's ledger
c) To the creditor's control account only
d) To the list of balances, the creditor's ledger and the creditor's control account
I don't know the answer,
Please help me
Ask the Tutor ACCA FA
Recievables Ledgers
The answer is (a).
For a full explanation do watch my lectures on 'Books of Prime Entry'.
The lectures are a complete free course for Paper FA and cover everything needed to be able to pass the exam well.
Sign into reply to this topic.
