If a customers account in the debtors ledger shows a credit balance, does this necessarily indicate that

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If a customer’s account in the debtors’ ledger shows a credit balance, does this necessarily indicate that an error has been made?

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Financial Accounting An Integrated Approach

ISBN: 9780170411028

7th Edition

Authors: Ken Trotman, Elizabeth Carson

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Question Posted: Aug 20, 2023 06:48 AM

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If a customers account in the debtors ledger shows a credit balance, does this necessarily indicate that

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No a credit balance in a customers account in the debtors ledger does not necessarily indicate that an error has been made A credit balance in a custo...View the full answer

Financial Accounting An Integrated Approach

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