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Aleksandra_765
Registered Posts: 14 New contributor 🐸
Does anyone have a good formula to answer these?
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Subsidiary sales ledger always sales increase balace
Following decreases balance
Sales return
Payment received
Discount allowed to customers
Irrecoverable debts.
As subsidiary sales ledger balance is less in above example so sales return have been entered twice. Receipts have been understated in subsidiary sales ledger both these actions will increase balance0
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