From the following information about the sales ledger (K-R) prepare a control account on 31 May and

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From the following information about the sales ledger (K-R) prepare a control account on 31 May and state whether it reveals any errors.

1 May 1-31 May 1-31 May 1-31 May 1-31 May 1-31 May 1-31 May 31 May Debit balances Total credit sales Total cash received Total cheques received Total discounts allowed Bad debts Total returns inward Debit balances in sales ledger

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Mastering Accounting

ISBN: 9780333511978

1st Edition

Authors: George Bright, Michael Herbert

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