From the following information, prepare a sales ledger control account for the month of May, clearly showing the balance carried forward at 31 May 20-9:

£

(i)

1 May Sales ledger balances 23,524

(ii)

Sales day book 19,870

(iii)

Returns inwards day book 670

(iv)

Cheques received from customers 17,450

(V)

Discount allowed 371

(vi)

Bad debts written off 300 When asked to prepare a sales ledger control account, you simply ask yourself, on each item: ‘ where would this appear on an ordinary debtor’s account’ This is because the items appear in exactly the same place in the sales ledger control account.