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The opening balances in the books of Juice World Enterprise, on September 1 , 2 0 2 2 included the following: Purchases ledger control account
The opening balances in the books of Juice World Enterprise, on September included the following:
Purchases ledger control account credit balance $
Sales ledger control account debit balance $
Sales ledger control account credit balance $
During the month, the following transactions among others took place:
$
Credit Sales
Cash sales
Credit purchases
Cash purchases
Amounts received from credit customers:
by cheque
by cash
Cheques paid to suppliers
Returns to credit suppliers
Returns from credit customers
Bad debts written off
Discount Allowed
Discount Received
Customers cheque marked Dishonoured
Balances as at September
Sales Ledger debit balance $
Purchases ledger credit balance $
You are required to prepare:
A Account Receivables Control Account marks
B Account Payables Control Account marks
Ignore transactions that are irrelevant
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