Khalid Shah extracted the following balances from his books for the month of January 20-7.

You are required to:

(a) Prepare a sales ledger control account for the month of January, clearly showing the balance carried forward at 31 January 20-7.

(b) Prepare a purchase ledger control account for the month of January, clearly showing the balance carried forward at 31 January 20-7.

Transcribed Image Text:

Jan 1 Jan 1 Purchase ledger balances Sales ledger balances Totals for January 14,641 17,542 Purchases day book 135,652 Sales day book 197,961 Purchase returns day book 2,864 Sales returns day book 4,231 Cheques paid to creditors 142,876 Cash and cheques received from customers 197,580 Discount allowed 5,180 Discount received 2,708 Bad debts written off Customers' cheques dishonoured 342 54