Posting from the journals of McKedrick Realty is complete. But the total of the individual balances in
Question:
Posting from the journals of McKedrick Realty is complete. But the total of the individual balances in the accounts payable subsidiary ledger does not equal the balance in the Accounts Payable control account in the general ledger. Does this discrepancy necessarily indicate that the trial balance is out of balance? Give your reason.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Accounting
ISBN: 9780133118209
2nd Edition
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
Question Posted: