The following information has been extracted from the books of a trader at 1 July 20X2:
................................................................... £
Amount owing by credit customers .................. 40,000
Amount owing by credit suppliers .................. 31,200
The transactions during the year ended 30 June 20X3 were as follows:
Returns inwards ..................................... 15,750
Returns outwards .................................... 8,660
Discount received .................................... 3,187
Discount allowed ..................................... 5,443
Sales revenue ...................................... 386,829
Purchases ........................................... 222,954
Bad debts written off ............................... 3,400
Cheques received from credit customers ...... 230,040
Cheques paid to credit suppliers ................ 108,999
Required
Write up the sales ledger control account and the purchases ledger control account for the year ended 30 June 20X3?