From the following information about the sales ledger (K-R) prepare a control account on 31 May and
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From the following information about the sales ledger (K-R) prepare a control account on 31 May and state whether it reveals any errors.
1 May 1-31 May 1-31 May 1-31 May 1-31 May 1-31 May 1-31 May 31 May Debit balances Total credit sales Total cash received Total cheques received Total discounts allowed Bad debts Total returns inward Debit balances in sales ledger
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