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Question 2 Vettel Sdn. Bhd.'s trade payables control account of RM88,889 did not agree with the trade payables listing of RM89,836 as at 30 November
Question 2 Vettel Sdn. Bhd.'s trade payables control account of RM88,889 did not agree with the trade payables listing of RM89,836 as at 30 November 2021. After an investigation was conducted, the following errors were discovered: 1. A payment of RM500 was completely omitted from the books. 2. A credit balance of RM450 was not included in the trade payables listing. A retum outwards of RM330 to Hamilton Sdn. Bhd. was recorded in his account as RM33. An invoice of RM8,000 from Joe was completely omitted from the books. 5. The trade payables listing recorded a credit balance of RM2,500 twice. 6. The credit column of cash book payment to trade payables was undercast by RM 1,400 3. 4. This question paper consists of 4 questions on 6 printed pages. ABEAL163 FINANCIAL ACCOUNTING II Question 2 (Continued) Required: Prepare the statement of adjusted trade payables listing as at 30 November 2021 with the adjustments for the above errors. (7 marks) (b) Prepare the corrected trade payables control account as at 30 November 2021
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