Jamila prepares monthly sales and purchase ledger control accounts. At 1 November 2006 the following balances existed in the company's records.

Dr Cr

$ $

Sales ledger control account 54,000 1,000

Purchases ledger control account 200 43,000

The following information is extracted in November 2006 from the company's records:

Particulars	$
Credit sales	????
Credit purchases	????
Sales returns	11,000
Purchases returns	3,000
Amounts received from credit customers	242,000
Dishonoured cheques	500
Amounts paid to credit suppliers	74,000
Cash discounts allowed	3,000
Cash discounts received	2,000
Bad debts written off	1,000
Interest charged to customers	1,400
Contra settlements	800

You are required to prepare:

a) The Sales Ledger Control Account(2.5marks)

b) The Purchase Ledger Control Account (2.5marks)