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Ravilero Ltd uses the periodic inventory system and has control accounts and subsidiary ledgers for trade receivables and payables. The general ledger control account balances
Ravilero Ltd uses the periodic inventory system and has control accounts and subsidiary ledgers for trade receivables and payables. The general ledger control account balances at 1 June 2019 were: The following transactions took place during June: Prepare the accounts receivable control and accounts payable control ledger accounts for the month of June 2019 . (For control ledger accounts first post balances brought down at 1 June 2019 , after post entries in the order displayed in the problem statement and calculate Prepare the accounts receivable control and accounts payable control ledger accounts for the month of June 2019. (For control ledger accounts first post balances brought down at 1 June 2019, after post entries in the order displayed in the problem statement and calculate balances carried down at 30 June 2019.)
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