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ICB Level 2 A1 Self Study - Assignment 3 Question 6

  • Student
  • 2 posts
  • # 122583

Good evening:

Customer "T. Wilkinson" has the following entries in their account:

Bal b/d 1st Jan 140.00

Sales 310.00 Bank 65.00

Sales Return 25.00

what is the b/d balance at the end of Jan?

The answer is 360.00

Unable to figure it out. Please assist.

Thank you,

 

Theresa

  • Associate
  • 8 posts
  • # 122587

Customer Account - T Wilkinson

 

DR                                 CR

                                      1/01  Bal b/d    140

Bank.          65                         Sales       310

Sales rtn      25

 

Bal c/d.     360

total         450                                         450

                                     31/01  Bal b/d    360



Edited at 15 Oct 2023 07:53 PM GMT

  • Student
  • 2 posts
  • # 122588

theresatipe said:

Good evening:

Customer "T. Wilkinson" has the following entries in their account:

Bal b/d 1st Jan 140.00

Sales 310.00 Bank 65.00

Sales Return 25.00

what is the b/d balance at the end of Jan?

The answer is 360.00

Unable to figure it out. Please assist.

Thank you,

 

Theresa


 Thank you

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