6.9 The following particulars have been extracted from the books of a trading concern for the year...

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6.9 The following particulars have been extracted from the books of a trading concern for the year ended 30 September 20X1:

£

1 Sales ledger debit balances at 1October 20X0 102,300 2 Sales ledger credit balances at 1October 20X0 340 3 Credit sales 630,800 4 Cash sales 140,100 5 Cash received from debtors 498,660 6 Returns outwards 8,300 7 Returns inwards 2,700 8 Discounts received 15,200 9 Discounts allowed 11,790 10 Accounts settled by contra to purchase ledger 5,200 11 Bad debts written off 3,950 12 Sales ledger credit balances 30 September 20X1 510 Prepare the sales ledger control account for the year to 30 September 20X1.

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Introduction To Accounting

ISBN: 9780761970378

3rd Edition

Authors: Pru Marriott, J R Edwards, Howard J Mellett

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