Question 6 Caruana Ltd uses control accounts for its purchases and sales ledgers which it balances at the end of each month. Al 1 November 2020. the balances of the control accounts were: Purchases ledger Sales ledger Debit (6) 250 32,600 Credit () 22,200 450 The following transactions took place during November 2020: Credit Purchases Credit Sales Cash received from trade receivables Cash paid to trade payables Bad debts written off Sales returns Purchases returns Discount allowed Discount received Dishonoured cheques Purchases ledger credits transferred to sales ledger 65,500 99,600 54.200 53,800 3,200 1,800 950 2,200 1.750 200 350 At 30 November 2020, there were debit balance in the purchases ledger of 550 and credit balance in the sales ledger of 300. Required: From the information presented above prepare for the month of November 2020: a. The Sales Ledger Control Account (5 marks) b. The Purchases Ledger Control Account