An entry in the debtors allowance journal for R200 was not posted to the account of P.Pule in the debtors reconciliation ?

Question

Anonymous · Answer

To correct this error, the entry for R200 in the debtors allowance journal should be posted to the account of P.Pule in the debtors reconciliation. This can be done by making a journal entry to debit P.Pule's account by R200 and credit the debtors allowance account by R200. This will ensure that the correct balance is reflected in the debtors reconciliation for P.Pule.

Anonymous

An entry in the debtors allowance journal for R200 was not posted to the account of P.Pule in the debtors reconciliation ?

1 answer

Similar Questions

Explain suit upon quantum meruit.

As a student of entrepreneurship, explain the ten reasons for the relevance of bookkeeping in a business.

Bookkeeping is a key activity that every entrepreneur needs in order to monitor the processes of their businesses. As a student of entrepreneurship, explain the relevance of bookkeeping in a business.

Explain how correlation and regression analysis can help the accountant. What steps should they follow to analyze the data?

which one of the following is significance of inventory in merchandising businesses. a) merchandise held for sale in the normal course of operation b) inventory is one of the most active element.

which one of the following is significance of inventory in merchandising businesses. a) merchandise held for sale in the normal course of operation b) merchandise inventory is one of the most active e

Explain the classification of expenses in published financial statements. (8 marks)

Prepare a statement of consolidation.

Define bank reconciliation and bank statement.

Explain five relevant or common situations that led to a reduction of the value of an asset in your own business.

Anonymous

Ask!

Homepage

Experts

Tags

Search

Be one of the experts

About Us

Frequently Asked Questions

Contact Us

Terms Of Use

Privacy Policy