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a) With eference to the exact presentation taken in the Financial Accounting Class, provide a summary on the assigned topics in the class. The report

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a) With eference to the exact presentation taken in the Financial Accounting Class, provide a summary on the assigned topics in the class. The report must make clear all relevant details on all the prime facets on your presentation. (25 marks) a) Define what an error in accounting is and identify the main types of error in relation to the Trial Balance (3 marks) b) identify five (5) types of errors which can not cause a deficit in trial balance figures (5marks) c) Use the information below to prepare the purchase ledger control for Dankuks Ltd. for the month of April 2018. (15 marks) N April 1 Dr balance in sales ledger 25,000 Cr balance in purchase ledger 18,000 April 30 Total credit sales 95,000 Total credit purchases 85,800 Total cash sales 70,000 Total cash purchases 50,500 Sales returns and allowances 15,000 Purchases returns & allowances 9,500 Cash received from trade debtors 75,200 Cash paid to creditors 55,000 Discount allowed 2,500 Pare 2 of 4

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