Reconcile the below statement to the Subsidiary Ledger account in your spreadsheet. Compare the amounts below...

 

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Reconcile the below statement to the Subsidiary Ledger account in your spreadsheet. Compare the amounts below with your Subsidiary Ledger for Bevan's Wholesalers. a) What are the discrepancies? b) If there are any discrepancies, who are they reported to (per the Policies and Procedures Manual). + Bevan's Wholesalers ABN: 111 123453 PO Box 95 MARDSEN QLD 4234 Customer: Current 6,834.00 Statement for June 2023 Gold Catering ABN: 164 134 314 15 Buckjumper Ave Rodeocity QLD 4277 Date Details 1/06/2023 Opening balance 7/06/2023 Payment received 6/06/2023 Invoice 468 30 days 8,310.00 Total outstanding 60 days $ 11,310.00 -3,000.00 6,834.00 15,144.00 60 days + Accounts Payable 2-2011 2-2012 Total Bevan's Wholesalers Optus (account in dispute) $ 11,310 $ 210 $11,520 Invoice Details Inv nos. 365 & 378 18/05/23 $9,120 28/05/23 $2,190 Inv no. April A/c 8/04/23 Reconcile the below statement to the Subsidiary Ledger account in your spreadsheet. Compare the amounts below with your Subsidiary Ledger for Bevan's Wholesalers. a) What are the discrepancies? b) If there are any discrepancies, who are they reported to (per the Policies and Procedures Manual). + Bevan's Wholesalers ABN: 111 123453 PO Box 95 MARDSEN QLD 4234 Customer: Current 6,834.00 Statement for June 2023 Gold Catering ABN: 164 134 314 15 Buckjumper Ave Rodeocity QLD 4277 Date Details 1/06/2023 Opening balance 7/06/2023 Payment received 6/06/2023 Invoice 468 30 days 8,310.00 Total outstanding 60 days $ 11,310.00 -3,000.00 6,834.00 15,144.00 60 days + Accounts Payable 2-2011 2-2012 Total Bevan's Wholesalers Optus (account in dispute) $ 11,310 $ 210 $11,520 Invoice Details Inv nos. 365 & 378 18/05/23 $9,120 28/05/23 $2,190 Inv no. April A/c 8/04/23

Answer rating: 100% (QA)

SOLUTION First lets compare the amounts on the statement with the amounts in the Subsidiary Ledger f... View the full answer