1- Name the final account to which the balance of the Carriage Outwards Account is transferred at the end of an accounting period.
2- State one use of a journal.
3- A busineess's trial balance totals do not agree.
(i) Give one reason why this might happen?
(ii) Name the account in which difference on a trial balance is entered.
2- State one use of a journal.
3- A busineess's trial balance totals do not agree.
(i) Give one reason why this might happen?
(ii) Name the account in which difference on a trial balance is entered.