Prepare the purchases ledger control account for the half-year to 31 December 2022 using the following details. [10 marks]

N$ Sales ledger balances, 1 July 2022 Debit 20 040

Credit 56

Purchases ledger balances, 1 July 2022 Debit 12

Credit 14 860 Activities during the half-year to 31 December 2022:

Payments to trade creditors 93 685

Cheques from credit customers 119 930

Purchases on credit 95 580

Sales on credit 124 600

Credit losses 204

Discounts allowed 3 480

Discounts received 2 850

Credit note to customers 1 063

Credit note from suppliers 240

Sales ledger credit balances at 31 December 2022 37

Purchases ledger debit balances at 31 December 2022 26

During the half year, debit balances in the sales ledger, amounting to N$438, were transferred to the purchases ledger.