- Istheaccountspayableregisterreconciledregularlywiththegeneralledgercontrolaccount?HowOften?factoryledgercontrollingaccountThetotaloftheaccountbalancesinasubsidiaryledgerareequaltothebalanceinthegeneralledgercontrollingaccount....
- 4228
- I'llhavetochecktheentriesintheledger.Lookingforthecurrentledgerbalance,youcanrigorouslyspecifywhichbalanceyouwant.Ruleoutthatentryintheledger,thetransactionwascancelled.Thelibraryfirstlearnedofthemissingbookswhenitdiscoveredayellowedledgerinitsbasem...
- 6376
- GLgeneralledgerandchartofledgeraccount.Definetheaccounttobeareconciliationaccount,whichensurestheintegrationofasub-ledgeraccountintothegeneralledger.Preparinganadjustedtrialbalance,provingagaintheequalityofdebitsandcreditsintheledgeraccount.B.Traceal...
- 10314
- Thetrialbalancecanprovetheequalityofdebitandcreditbalancesintheledgeraccounts.Summarizingdebitandcreditamountsandcalculatingthebalancesoftheledgeraccounts,andpreparingaunadjustedtrialbalancebasedonthebalance,thusprovingtheequalityofdebitsandcreditsin...
- 24682
- Theaccountspayablesystemprovidesdatadirectlytothegeneralledgersystemandreceivesdatafromthepurchaseordersystem.ChapterIVisthegeneralledgersystemofinternalcontrolproblemsthatmayexistandthecorrespondingsolution....
- 21444
- Thesecustomer'saccountsaregroupedtogetherinasubsidiaryledgerknownastheaccountsreceivableledger.Debtorsbalancesareincorrect,transactionprocessingisproducingsituationsinwhichthetotalsalesinthegeneralledgerdoesnotreconciletothecashbookandtheaccountsrec...
- 28187
- Thesecustomer'saccountsaregroupedtogetherinasubsidiaryledgerknownastheaccountsreceivableledger.Aseparateaccountforeachtypeofmerchandiseismaintainedinasubsidiaryledger.Thetotaloftheaccountbalancesinasubsidiaryledgerareequaltothebalanceinthegeneralled...
- 19573
- Lookingforthecurrentledgerbalance,youcanrigorouslyspecifywhichbalanceyouwant.Thefirstistheledgerbalance;thesecondistheavailablebalance,whichistheledgerbalancewithanyholdstakenintoaccount....
- 9315