Outstanding transactions-level 2
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Martaj
Registered Posts: 2 New contributor 🐸
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@Martaj I've outlined my working below if you need further help. Remember you can select things in the table as you eliminate them.
1. Start by removing any balancing figures.
2. Find Amounts that must be in the new cheque figure
3. Compare the amounts remaining to what needs to be found
4. Answer with the outstanding invoices as requested.
So you need to start be removing the transactions that are already balanced. The B/fwd balance is a good place to start £1349-480= 869 so those 3 balance each other.
This means that the cheque for £1567 must be made of the others. The amount for 1208 has to be included in this otherwise you can't reach 1567 with the other sections. 1567-1208=359
From this it's fairly clear that the other involved transactions are invoice 1268 and credit note 91 (391-32=359)
This means the outstanding transactions are invoice 1223, credit note 96 and invoice 1281.AAT Level 4, MAAT
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