xiiij An inexperienced bookkeeper has drawn up the following payables ledger control account, which contains errors: Payables Ledger Control Account S 5 Opening balance 212 500 Purchases 447 000 Cash paid to suppliers 491 000 Discounts received 2 700 Purchases returns 7 600 Contras against receivable ledger 12 800 Refunds received from 3 200 Closing balance 251 800 suppliers 714 300 714 300 What should the closing balance be after correcting the errors made in preparing the account