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the question is a and b 5. On January 1, 2013 the sales ledger balance of Agyelwaa was GH42,400 debit while the purchases ledger balance
the question is a and b 5. On January 1, 2013 the sales ledger balance of Agyelwaa was GH42,400 debit while the purchases ledger balance was GH4970 credit The following transactions took place in the month of January, 2013 Credit sales Bad debt Dishonoured cheque Credit purchases Returns inwards Bills receivable Cash received from debtors Cash paid to creditors Discount allowed Discount received Cheques from debtors Bills payable Debit Balance in purchases: Ledger transferred to sales ledger Discount allowed but subsequently disallowed Discount received but subsequently withdrawn GHC 35,180 845 1,250 18,060 1,570 4,500 15,600 11,400 450 945 7,500 2,150 260 150 145 Your are required to prepare a) Sales ledger control account (19 marks) b) Purchases ledger control account for the month of January 2013
the question is a and b
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