Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

Usman has taken figures from his books of account so that he can bring the sales ledger control account up to date for August 2022.
(a)[9]

Prepare the revised sales ledger control account for August 2022.

(b)[3]

Prepare an adjusted total of customer account balances so that it matches the sales ledger control account balance in (a).

(c)[1]

State one drawback of preparing a control account.

(d)[2]

Explain why a sales ledger control account would help in the prevention of fraud.

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