FTC Foundation Workbook - Q24
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Hi,
Surely the answer provided in the workbook for Q24 is wrong?
The double entry doesn't balance - shouldn't there be a "Bank" account showing a debit entry equal to the SLCA, VAT and Sale account (Minus the discount which is already accounted for in the SLCA and Discount allowed account).
If someone could have a look at this for me it would be great, as I won't get an answer from my tutor until Monday!
Thanks,
Sarah
Surely the answer provided in the workbook for Q24 is wrong?
The double entry doesn't balance - shouldn't there be a "Bank" account showing a debit entry equal to the SLCA, VAT and Sale account (Minus the discount which is already accounted for in the SLCA and Discount allowed account).
If someone could have a look at this for me it would be great, as I won't get an answer from my tutor until Monday!
Thanks,
Sarah
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