The following information has been extracted from the books of a trader at 1 July 20X8: Required
Question:
The following information has been extracted from the books of a trader at 1 July 20X8:
Required
Write up the sales ledger control account and the purchases ledger control account for the year ended 30 June 20X9.
Transcribed Image Text:
Amount owing by credit customers Amount owing by credit suppliers The transactions during the year ended 30 June 20X9 were as follows: Returns inwards Returns outwards Discount received Discount allowed Sales revenue Purchases Irrecoverable receivables written off Cheques received from credit customers Cheques paid to credit suppliers £ 40,000 31,200 15,750 8,660 3,187 5,443 386,829 222,954 3,400 230,040 108,999
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Related Book For
Introduction To Financial Accounting
ISBN: 9781526803009
9th Edition
Authors: Anne Marie Ward, Andrew Thomas
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