9706/12 Accounting May Jun 2023 Online Test | Cambridge AS and A Level MCQ

The sales ledger control account of a business had a balance of $\$ 17640$. This did not agree with the total of the individual customer accounts in the sales ledger.
The following errors have been discovered.
1 An invoice in the sales journal for $\$ 460$ has been entered wrongly in the sales ledger as $\$ 640$.
2 Credit balances on the sales ledger, $\$ 470$, have been omitted from the sales ledger control account.
3…