Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

The sales ledger control account contained the following entries: 1. contra with the purchases ledger control account $\$500$, debit 2. discount allowed $\$600$, debit 3. irrecoverable debts written off $\$1200$, debit Which of these entries need correction?

  • A1, 2 and 3
  • B1 and 2 only
  • C1 and 3 only
  • D2 and 3 only

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