Help Please - Unit 3

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:23AM in AAT student discussion
I'm a but stuck! <BR><BR>A cheque has been recorded incorrectly in my cash book (£90) more than it should be, the incorrect value has been posted to the purchases ledger control account. I have to do a journal to correct this? Yes/No?<BR><BR>Somewhere in my text book it says "When an error occurs, the cash book should be amended, and the correct amount entered."<BR><BR>I'm baffled!<BR><BR>How would i do a journal for this?<BR><BR>CR Cash Book £90<BR>DR Purchase L/C £90<BR><BR>or What? hhhheeeeeellllppppp!!!!<BR><BR>ALSO (sorry)<BR><BR>From my cash book payments side do i post everysingle payment including the balance b/f from the previous CB or just the payment from this month?<BR><BR>Sorry to be such a thicko!<BR><BR>Hope you can help me<BR><BR>Thanks very much<BR><BR>Sarah<BR>

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Help Please - Unit 3

    as far as i am aware yes you need to do a journal but u need to reduce the amount on the PLCA <BR><BR>2nd. Cash book you need to post these amount individually<BR><BR>please anyone correct me if im wrong on this because im not too sure myself<BR><BR>hope this is helpful

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