Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

The balance at the end of a purchases ledger control account stands at $163762. The purchases journal has been undercast by $1000. What should the corrected closing balance on the purchases ledger control account be?

  • A$162762
  • B$163762
  • C$164762
  • D$165762

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