Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

Henry was sent a credit note by a supplier. In error, he recorded it as an invoice received and entered it in his purchases journal. At what stage was the mistake discovered?

  • Awhen Henry compared his cash book with his bank statement
  • Bwhen Henry compared his purchases ledger with statements of account received
  • Cwhen Henry prepared a purchases ledger control account
  • Dwhen Henry prepared a trial balance

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