A Purchase Ledger Control account has been reconciled with the purchase ledger balances as shown. Which figure
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A Purchase Ledger Control account has been reconciled with the purchase ledger balances as shown.
Which figure for creditors should be shown in the Balance Sheet?
A. $75 000
B. $77 000
C. $80 000
D. $85 000
Transcribed Image Text:
Balance per Control account Total of purchases journal for one month not posted to general ledger Cash paid to creditors not posted to purchase ledger Total of balances in purchase ledger $ 76 000 4 000 5 000 85 000
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