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Debtors Control Account Pdf Download

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MessagePosté le: Dim 4 Sep - 03:04 (2016)    Sujet du message: Debtors Control Account Pdf Download Répondre en citant

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Debit in Credit Control Account and Journalizing Cash Q: Firstly, I found a debit balance in the creditor control account when I was closing the books of accounts. If the respective balances are not in agreement then it would suggest some form of irregularity in the records which would need investigation. Previous Next . You first should … Set of the Purchase Ledger Balance Q: What do you mean by the fact the purchase ledger balance off in the debtor control account? A: Sorry, but I don't understand your question Shaira. 2011, all rights reserved . THE FOLLOWING INFORMATION IS AVAILABLE FOR THE LAST 3 YEARS OF TRADING (RM = Malaysian Ringgit = currency for … "Bill" in Control Account Q: In a transaction they only state BILL, where will you record such transaction? Is it in debtors control account or creditors control account? … Creditors Control andCreditors List Question Q: The information below was extracted from the records of Mermaid Traders for May 2011. Balances in … Sales Ledger Control Account &Provision for Bad Debts Q: Is the provision for bad debts entered in the sales ledger control account? Trade Discount Q: How do you deal with a trade discount in the control accounts? What is a Folio? Q: What is a folio? A: It's a cross-referencing code, usually a number or a few numbers and letters. For debtors, we compare the closing balance of the debtors control account in the general ledger to the total of all the closing balances of all the individual debtor accounts in the debtors ledger. Debtors under current assets. The CPJ is the journal used for any and all … $10,500? Q: Hi, why is your sales figure $10,500 as total sales is $16,300? Many thanks, Mary A: Mary, please explain how you get to $16,300 for total … General Journal for Control Accounts Q: How do I enter the transactions for the debtors and creditors control accounts in the general journal? A: Good question.

And the "bank" figure of $6,000 in this same account could be traced back to thecash payments journal(showing all payments of cash). A control account for a Purchases Ledger can be called a Purchases Ledger Control account or a Total Creditors Account. What are the strategies that I can implement … Prepare Total Debtors Account and See Whether the Balance Obtained Agrees with the Balance as per Schedule Q: The following relate to a trader for the month ended 31 st January 2006 (rs = Rupees = Indian currency): Sundry debtors on 1.1.06 (Dr) rs 9,000 … General Ledger ExerciseThe following balances are available from the books of Frema, a sole trader: Balances as at 1st July, 2009: - Dr. HOME SHAW SUBJECTS Accounts Biology Chemistry Economics English French Information Technology Mathematics POB Spanish MOCK EXAMS BREAK . Also, the "bank" figure of $7,400 in the debtors control account would come from the total of the "debtors" column in the cash receipts journal: Similarly, the "total purchases" figure of $3,900 in the creditors control account could be traced back to thepurchases journal(which shows purchases on credit). the question is how to look for the profit of the following details: DETAILS OPENING CLOSING GMD(D) GMD(D) … Side and General Ledger Account (Discount) Q: Which one of the following alternatives represents the side and general ledger account to which the total of the discount column in the cash payments … Bad Debts Recovered Q: 1. Return toThe Accounting CycleReturn to theHome Page Previous lesson:Posting JournalsNext lesson:Trial Balance Enjoying this Website? Help Support it with a Donation OR. Debtors and CreditorsControl Accounts Previous lesson:Posting JournalsNext lesson:Trial Balance As previously mentioned, we not only have the general ledger, but also two other ledgers:- The Debtors Ledger- The Creditors LedgerWe also learned that all individualdebtorT-accounts go in thedebtors ledgerand all individualcreditorT-accounts go in thecreditors ledger.

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MessagePosté le: Dim 4 Sep - 03:04 (2016)    Sujet du message: Publicité

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