Accounting 9706 · AS & A Level · The accounting system

The accounting system — practice question

A supplier sent Henry a credit note. He wrongly recorded it as an invoice received in his purchases journal. At what point 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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