Information extracted from the books of Soldit Ltd is as follows. Required Prepare the Sales Ledger Control
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Information extracted from the books of Soldit Ltd is as follows.
Required
Prepare the Sales Ledger Control account for the month of May 2004.
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At 1 May 2004 Sales ledger balances brought forward (debit) (credit) In the month to 31 May 2004 Total of invoices sent to customers Goods returned by customers Cheques received from customers Discounts allowed Cheque received in respect of bad debt previously written off (not included above) Sales ledger balance set against balance in purchase ledger At 31 May 2004 Credit balances in sales ledger Debit balance carried down $ 27 640 545 109 650 2 220 98 770 3 150 490 2 624 800
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