You are required to prepare a sales ledger control account from the following information for the month
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You are required to prepare a sales ledger control account from the following information for the month of November:
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2010 Nov 1 Sales ledger balances Totals for November: Sales day book Returns inwards day book Cheques and cash received from customers Discounts allowed 30 Sales ledger balances 24,000 14,000 1,000 18,000 500 18,500
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To prepare a Sales Ledger Control Account also known as a Trade Receivables Control Account we will summarize the transactions related to credit sales ...View the full answer
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Related Book For
Frank Woods Business Accounting
ISBN: 9780273759287
12th Edition
Authors: Frank Wood. Sangster, Alan
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