When comparing the cash journals for the month ending 31 January 2025 with the bank statement of SA Traders for the same period, it was noted that credit card payment 143 for R1 800 which was received from A South, a debtor, was recorded in the cash receipts journal but does not appear on the bank statement.

The correction in the accounting records of SA Traders is to:

Question

When comparing the cash journals for the month ending 31 January 2025 with the bank statement of SA Traders for the same period, it was noted that credit card payment 143 for R1 800 which was received from A South, a debtor, was recorded in the cash receipts journal but does not appear on the bank statement.

The correction in the accounting records of SA Traders is to:

Answer

Make an entry in the cash receipts journal of SA Traders for January 2025.

Answer

Make an entry on the credit side of the bank reconciliation statement of SA Traders as at 31 January 2025.

Answer

Make an entry on the debit side of the bank reconciliation statement of SA Traders as at 31 January 2025.

Answer

Make an entry in the cash payments journal of SA Traders for January 2025.

Crowdly

When comparing the cash journals for the month ending 31 January 2025 with the b...

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