You are the accounts payable clerk of Must Balance Ltd and you receive the following statement from
Question:
You are the accounts payable clerk of Must Balance Ltd and you receive the following statement from All Right (Pty) Ltd.
The account of All Right (Pty) Ltd in your books is shown as:
You are able to establish that the account statement by All Right (Pty) Ltd is correct in all aspects.
You are required to:
Prepare a reconciliation of your account.
Transcribed Image Text:
Date March 1 March 5 March 9 March 12 March 14 March 20 March 24 March 27 March 31 Details Balance (account rendered) Invoice 11 Invoice 21 Credit note 7 Cash Credit note 8 Invoice 31 Credit note 9 Invoice 41 Balance Debit 2 200 00 1 224 00 1 942 00 111 00 1 260 00 6 737 00 Credit 107 | 00 2 045 00 55 00 125 00 4 405 6 737 00 00
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reconciliation of the account for All Right Pty Ltd i...View the full answer
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Related Book For
Fundamental Accounting
ISBN: 9781485112112
7th Edition
Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit
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