A customer payment of $247 was correctly posted in the general ledger but was recorded as $274 in the customer's account receivable. Describe a specific internal control procedure that would detect this error.

What will be an ideal response?


reconcile the accounts receivable control account to the accounts receivable subsidiary ledger; compare control totals of cash received with total credits to A/R subsidiary ledger

PTS: 1

Computer Science & Information Technology

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