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Returns inwards (of goods previously sold on credit) Total receivables at 1.1.2020 23.6 The following information relates to the business of Romelu for the year
Returns inwards (of goods previously sold on credit) Total receivables at 1.1.2020 23.6 The following information relates to the business of Romelu for the year ended 31 December 2020: Doubtful debts to be allowed for (in addition to those written-off) Discounts received Cash sales Returns outwards (of goods previously bought on credit) Discounts allowed Bad debts written-off during 2020 Total payables at 1.1.2020 660 1,310 1,490 2,330 3,160 4,770 8,150 16,400 23,220 109,040 Amounts paid to credit suppliers 114,800 Credit purchases was written off in 2019) Cash from credit customers (including 370 from a customer whose debt 146,980 162,540 Credit sales Required: Prepare the sales ledger control account and purchases ledger control account for 2020
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