Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please type Question 4 (20 marks) - Corrected Trial Balance This Trial Balance is extracted from the books of BMW Enterprises In addition to the

image text in transcribed

please type

Question 4 (20 marks) - Corrected Trial Balance This Trial Balance is extracted from the books of BMW Enterprises In addition to the mistakes above, the following errors were detected: a) A payment of N$75 made to a creditor had not been posted from the cash book into the purchases ledger. b) A cheque for N$56 received from a customer had been correctly entered into the cash book but posted to the customer's account as N$50. c) A purchase of furniture N$120 had been included in the purchases account. d) The total of the discount allowed column in the cashbook of N$38 had not been posted into the general ledger. e) A page of the sales daybook was correctly totalled as N\$564 but carried forward as N\$456. You are required to: Show the trial balance as it appears after all the errors had been corrected. Show all your workings

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

=+b) Create a p chart for these samples.

Answered: 1 week ago