Suspense Acc & Reconciliations of Control Acc

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
I am having problem in clearing the suspense account and reconcile the control accounts<BR><BR>Can some one help me please<BR>

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Suspense Acc & Reconciliations of Control Acc

    Whats the question??<BR><BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Suspense Acc & Reconciliations of Control Acc

    <BR>Question from bpp books assessment paper Harry Green Task 1.3 Find the errors to clear the suspence account<BR>I cannot get my head round the 2 accounts invloved ie the net coloumn of the sales day book has been undercast by £1200<BR>Sales day books - Which 2 accounts are involved sales ledger and sales control account, and for discount allowed and discount received? Where does the suspense account fit in?<BR><BR><BR>For reconcile - AAt intermediate revision chapter 10 control accounts page 41.<BR>Purchase ledger account and list<BR>How do you reconcile?<BR><BR>Please help me to see things clearly.

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