As at 31 July 20.7, compare the account of GH Entity, as it appears in the records of AC Entity, with the statement received from GH Entity, and: a) If it appears that the account of GH Entity (in the records of AC Entity) is incomplete or contains errors: (i) Journalise the necessary entries in the records of AC Entity; and (ii) Open GH Entity’s account (in the records of AC Entity) with the credit balance of R290 700 and post the journals of a(i) to this account. The account must be provided in the formal column format. Note: Journal narrations and the effect on the accounting equation are not required. b) If it appears that the statement from GH Entity is incomplete or contains errors: (i) Prepare a payables reconciliation as at 31 July 20.7
As at 31 July 20.7, compare the account of GH Entity, as it appears in the records of AC Entity, with the statement received from GH Entity, and: a) If it appears that the account of GH Entity (in the records of AC Entity) is incomplete or contains errors: (i) Journalise the necessary entries in the records of AC Entity; and (ii) Open GH Entity’s account (in the records of AC Entity) with the credit balance of R290 700 and post the journals of a(i) to this account. The account must be provided in the formal column format. Note: Journal narrations and the effect on the accounting equation are not required. b) If it appears that the statement from GH Entity is incomplete or contains errors: (i) Prepare a payables reconciliation as at 31 July 20.7
As at 31 July 20.7, compare the account of GH Entity, as it appears in the records of AC Entity, with the statement received from GH Entity, and: a) If it appears that the account of GH Entity (in the records of AC Entity) is incomplete or contains errors: (i) Journalise the necessary entries in the records of AC Entity; and (ii) Open GH Entity’s account (in the records of AC Entity) with the credit balance of R290 700 and post the journals of a(i) to this account. The account must be provided in the formal column format. Note: Journal narrations and the effect on the accounting equation are not required. b) If it appears that the statement from GH Entity is incomplete or contains errors: (i) Prepare a payables reconciliation as at 31 July 20.7
As at 31 July 20.7, compare the account of GH Entity, as it appears in the records of AC Entity, with the statement received from GH Entity, and: a) If it appears that the account of GH Entity (in the records of AC Entity) is incomplete or contains errors: (i) Journalise the necessary entries in the records of AC Entity; and (ii) Open GH Entity’s account (in the records of AC Entity) with the credit balance of R290 700 and post the journals of a(i) to this account. The account must be provided in the formal column format. Note: Journal narrations and the effect on the accounting equation are not required. b) If it appears that the statement from GH Entity is incomplete or contains errors: (i) Prepare a payables reconciliation as at 31 July 20.7
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