If the Trade receivables control account balance differs from the sum of individual receivable balances: (a) The
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If the Trade receivables control account balance differs from the sum of individual receivable balances:
(a) The Control account balance has to be the correct amount receivable from customers
(b) The sum of the individual balances has to be the correct amount receivable from customers
(c) Neither amount may be the correct amount receivable from customers
(d) Control account balance would be correct if the Trial Balance balances when it is included in it
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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