A-LevelAccountingReconciliation and verification9706/12 · May/June 2022 · Q71 Mark
At 31 December 2021, the sales ledger control account had a balance of $19100 while the total balances in the sales ledger were $20900. The following reconciliation statement had been prepared after the errors were located. balance of sales ledger control account $19100 credit sales omitted from the sales journal $1600 discount allowed understated in sales ledger $200 total of balances in the sales ledger $20900 What is the correct amount of total trade receivables as shown in the statement of financial position?
A$17500
B$18900
C$19300
D$20700
✓ Correct answer
D: $20700
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