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The sales ledger control account shows a balance of $267,984 whilst the individual customer account...

The sales ledger control account shows a balance of $267,984 whilst the individual customer account balances total $262,856.

Which of the following is a possible explanation for the difference between the two?

(i) A payment has been recorded in the cashbook but not in the sales ledger

(ii) A payment has been recorded in the sales ledger but not in the cashbook

(iii) An invoice has been recorded in the sales ledger but not in the sales day book

(iv) An invoice has been recorded in the sales day book but not in the sales ledger

A.

(i) and (iii) only

B.

(ii) and (iv) only

C.

(i) and (iv) only

D.

(ii) and (iii) only

CIMA BA3 Summary

  • Vendor: CIMA
  • Product: BA3
  • Update on: Jul 29, 2025
  • Questions: 393
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