14,000 19,364 1,326 17,693 648 396 672 12,692 From the following information about the purchases ledger prepare

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£

14,000 19,364 1,326 17,693 648 396 672 12,692 From the following information about the purchases ledger prepare a control account on 31 May and state whether it reveals any errors.

1 Jan 1 Jan 1-31 Jan 1-31 Jan 1-31 Jan 1-31 Jan 31 Jan 31 Jan Debit balances Credit balances Total cheques paid Returns outward Discounts received Purchases Debit balances in purchases ledger Credit balances in purchases ledger

£

234 18,657 55,876 1,378 6,876 63,143 235 15,671

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Mastering Accounting

ISBN: 9780333511978

1st Edition

Authors: George Bright, Michael Herbert

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