QUESTIONS: Control Accounts

The balance of the creditors' control account of Blue Ribbon Ltd as at 30 April 20X1 does not match the total of the individual ledger balances.

The following information is available:

Creditors' control account 8,960

Creditors' ledger 7,710

The following errors or omissions have come to light:

The 1,900 balance for supplier Gifts Ltd was included, in error, as 950 in the ledger.

A credit purchase from Hope Plc of 980 was completely omitted from the books.

Discounts received totalling 300 were omitted from the control account.

Part A: Prepare the creditors' control T-account correcting the errors or omissions made and balance off the account including the opening balance for the next period:

Part B: Correct the creditors' ledger balance, showing your workings. The total of the corrected balance should agree to the respective control account balance.