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    Thought I'd absolutely aced that shiii, come here, dreams crushed.
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    How many lodgements did everybody get??
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    (Original post by HUSSAIHA15)
    It would be debited in the sales return account.as we are doing it from the receivables POV it will be credited as it is an income for them
    sorry i was talking about the actual sales returns a/c . For a returns out you Cr the individuals a/c then debit the returns out a/c, right? Double entry so its just the opposite
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    I thought that the 18 didn't need to go in the cashbook because it was only wrong in the bank statement wasn't it? I put it in the bank rec although that was just a guess
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    (Original post by Summerlight)
    How many lodgements did everybody get??
    I think I had 2 lodgements but I'm not sure if I was right
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    Did you guys enter any of the cash book figures in the receivable account?
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    I added the 18 to the bank statement in my head so that the balance at bank statement on bank rec should have equalled the balance on the bank statement but + 18
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    (Original post by jenny01)
    I think I had 2 lodgements but I'm not sure if I was right
    I had three but yeah I'm not sure either probably got it wrong
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    Did you guys put the receivables amount into the Dr side?

    Or any of the cash book discounts into the recievable cr account?

    Lastly did you guys put the bank balances in the sales account?

    Please reply back, thank you.
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    Anyone get 4905 debit as the brought down in the cash book?
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    Did everybody put the amount in March (one of them were 78000 or something)as bal b/d in the purchase and sales ledger account??
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    (Original post by AccountingHelp)
    I thought that the 18 didn't need to go in the cashbook because it was only wrong in the bank statement wasn't it? I put it in the bank rec although that was just a guess
    I didn't include the £18 as well because there was nothing wrong with the cash book.
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    Yeah my net asset was that figure and my recon balanced too
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    (Original post by Muhammad_AK)
    I didn't include the £18 as well because there was nothing wrong with the cash book.
    So did you have the balance as at bank as 1042 and you got it to balance? Because i gpt it tp balance at that number
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    Iv'e heard people balanced it at 1042 but me personally no.
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    For my bank rec I got:
    Balance as per bank 1042
    Add bank error 18
    add Wendy's Wardrone 5500
    Add Forgotten cheque 450
    Less expense 2105
    Balance as per cash book 4905.
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    (Original post by jenny01)
    What did everyone write in the journal?
    I wrote bad depth and debited the value
    I wrote bad debts to and contra
    I only wrote contra cause it was 3 marks so I thought I might as well guess something else
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    (Original post by NikitaPond)
    For my bank rec I got:
    Balance as per bank 1042
    Add bank error 18
    add Wendy's Wardrone 5500
    Add Forgotten cheque 450
    Less expense 2105
    Balance as per cash book 4905.
    Yeah this is what i did, but I started from balance as per cash book
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    (Original post by NikitaPond)
    For my bank rec I got:
    Balance as per bank 1042
    Add bank error 18
    add Wendy's Wardrone 5500
    Add Forgotten cheque 450
    Less expense 2105
    Balance as per cash book 4905.
    Yeah that's what I did, but I do it the other way round
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    what did you guy write for journal .. i did dr bad debt and cr the perosn with bad debt....anywway hoping for a balance sheet or income sttatement in unit 2
 
 
 
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