(Reconciliations) 1 Ordan received a statement from one of its suppliers, Alta, showing a balance...
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Accounting
(Reconciliations) 1 Ordan received a statement from one of its suppliers, Alta, showing a balance due of R3 980 The amount due according to the payables ledger account of Alta in Ordan's records w R230. Comparison of the statement and the ledger account revealed the following differences: A payment sent by Ordan for R270 has not been allowed for in Alta's statement 2. Alta has not allowed for goods returned by Ordan R180 3 Ordan made a contra entry, reducing the amount due to Alta by R3 200, for a balance due from Alta in Ordan's receivables ledger No such entry has been made in Alta's rece What difference remains between the two records after adjusting for these items? 0 R100 R460 R6 500 R640
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