$($a$)$The opening balance on the payables control account of Consumables Ltd at $1$ September $20$X$7$ was $43,000$ credit, made up of the following balances:Exo$28,000$ CROvo$10,000$ CRIva $5,000$ CRThe following transactions occurred in the first week of September: $$Credit purchases:Exo$52,000$Ovo$17,000$Iva $8,00077,000$Cash purchases:$29,000$Credit purchase returns:Exo $3,000$Amounts paid to suppliers:Exo$48,000$Ovo$19,000$Iva $7,00074,000$Cash discounts received:Exo $1,500$Ovo $350$Iva $1502,000$Contra settlements:Ovo $800$Requirement: Prepare the general ledger accounts, including the payables ledger control account. Then prepare the individual supplier accounts, ensuring that they reconcile to the control account.NB You may enter totals for each transaction type in the ledger accounts.