The following information was obtained from the books of Sam Stryder. 1 April 2007 Debtors' balance...

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The following information was obtained from the books of Sam Stryder. 1 April 2007 Debtors' balance Creditors' balance 30 April 2007 Credit sales for month 300 Credit purchases for month 900 Cash sales for month 360 Cash purchases for month Sales returns for month Purchase returns for month Cheques received from debtors Cheques paid to creditors Discounts allowed Discounts received Balance in sales ledger set off against balance in purchases ledger Interest charged to customers on overdue accounts Interest charged by supplier on overdue account 4 120 7 190 46 29 14 9 750 1 070 20 10 940 38 900 28 100 1 060 760 90 REQUIRED (b) Select the appropriate items and prepare the purchases ledger control account for the month of April. The following information was obtained from the books of Sam Stryder. 1 April 2007 Debtors' balance Creditors' balance 30 April 2007 Credit sales for month 300 Credit purchases for month 900 Cash sales for month 360 Cash purchases for month Sales returns for month Purchase returns for month Cheques received from debtors Cheques paid to creditors Discounts allowed Discounts received Balance in sales ledger set off against balance in purchases ledger Interest charged to customers on overdue accounts Interest charged by supplier on overdue account 4 120 7 190 46 29 14 9 750 1 070 20 10 940 38 900 28 100 1 060 760 90 REQUIRED (b) Select the appropriate items and prepare the purchases ledger control account for the month of April.

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To prepare the purchases ledger control account for April we need to gather and organize the relevan... View the full answer