Answer to Question #130826 in Other for Kabz

Question

After all the ledgers had been drawn up, the following differences and errors were identified.
Indicate with a cross (X) where you would correct each of the differences and errors listed below,
and explain your reasoning as so how, why and where you will make the

The error has occurred in the Debtors control account
only, thus there will be no impact on the individual
debtor’s account. The debtors control account should
be credited twice.
A credit invoice (issued by the
business) has not been recorded at all.

The Debtors control column in the
debtors journal was “undercast”.

Notification has been received that the
outstanding balance on one of the
debtors should be written off as the
debtor is insolvent.

Answer 1

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