Assume that you are the owner of a wholesale store and that you operate as a sole trader. On April 1, 2019 you had the following items in your business:

Stock, $14,500,000; Motor vehicles, $15,000,000; Creditors/Accounts payable- J. Downey $1,500,000, P. Wright $2,000,000; Cash in hand, $300,000; Pre-paid insurance, $80,000; Bank loan, $4,000,000; Furniture & fittings, $3,600,000; Accrued rent, $100,000; Cash at Bank, $12,000,000; Debtors/Accounts receivable-A. Howard $3,000,000, S. Simpson $2,800,000; K. Kirk $350,000.

During April 2019 the following business were transacted:

April 1- Bought goods on credit from B. Burke $4,500,000.

3- Paid rent with cheque $150,000.

5- Sold goods on credit to A. Harvey, $5,600,000.

7- Cash sales, $400,000.

10- Paid electricity bill $130,000 cash.

12- Paid J. Downey $1,000,000 by cheque.

15- Sold goods on credit to S.Simpson, $7,000,000.

15- Paid P. Wright $1,500,000 by cheque.

18- S.Simpson paid $3,500,000 by cheque.

19- Bought goods on credit from F. Smith, $2,400,000.

22- Sold goods for cash to T. Royal, $1,800,000.

24- Returned damaged goods valued at $300,000 to B.Burke.

25- Paid wages by cheque, $3,000,000.

27- Paid insurance $70,000 cash.

28- Paid $50,000 cash for transportation charge for goods bought from F. Daley.

28- Received a cheque for $2,200,000 from A. Howard.

29- Sold goods on credit to V. James, $6,200,000.

29- Miscellaneous expenses paid with cheque, $1,250,000.

29- Bought goods for cash from C. Croft for $350,000.

30- Banked $1,000,000.

30- A. Harvey returned incorrect goods delivered to him valued at $200,000.

30- The balance on K. Kirks account was written off as irrecoverable.

30- Received $300,000 cash as commission for selling goods for D. Riley.

Notes:

(i) On April 30, 2019 stock on hand was valued at $11,000,000.

(ii) Office furniture and motor vehicles are to be depreciated at 10% and 20% per annum respectively using the straight line method.

(iii) $100,000 in rent was owed on April 30, 2019.

(iv) On April 30, 2019 wages paid in advance amounted to $200,000.

(v) There was no accumulated depreciation on fixed assets as at April 1, 2019.

Required:

Use the above information to prepare the following for the month of April 2019:

(j) The Cash Book/Account

(k) The Sales Ledger Control Account.

(l) The Purchases Ledger Control Account.