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The bookkeeper of TWIT Traders compared the June 20.19 bank statement with the cash journals for the same month and noted that the amount for
The bookkeeper of TWIT Traders compared the June 20.19 bank statement with the cash journals for the same month and noted that the amount for cheque no: 831 in the bank statement was posted as R675. The cheque was issued in favour of a creditor, I Moloi. The amount was incorrectly entered in the cash payments journal as R765. The entry will be corrected by making an entry:
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