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CIMA Exam CIMAPRA17-BA3-1 Topic 1 Question 41 Discussion

Actual exam question for CIMA's CIMAPRA17-BA3-1 exam
Question #: 41
Topic #: 1
[All CIMAPRA17-BA3-1 Questions]

Refer to the exhibit.

The trial balance of Monchu Partnership, as at 30 June 2006, has a suspense account. Subsequent investigations revealed that:

(1) A payment of 352 to Mr. Tan was posted as 325.

(2) A remittance of 450 received from Arumugam was credited to Armits accounts.

(3) Salaries of 12000 have not been posted from the cash book.

Monchu suggested the following adjustments:

The appropriate journal entries are:

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Suggested Answer: C

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