Revisit Account Control: Sales Ledger Control Account - SS2 Accounting Lesson Note
Question:
The following are transactions gathered from the books of Gobe and John shops for October 2022. You are required to prepare the sales ledger control account.
|
Date |
Invoice No. |
Details |
Amount (₦) |
|
Oct. 3, 2022 |
INV001 |
Sale to Customer A |
25000 |
|
Oct. 5, 2022 |
INV002 |
Sale to Customer B |
15000 |
|
Oct. 9, 2022 |
INV003 |
Sale to Customer C |
18000 |
|
Oct. 12, 2022 |
INV004 |
Sale to Customer D |
10000 |
|
Oct. 18, 2022 |
INV005 |
Sale to Customer E |
22000 |
|
Oct. 23, 2022 |
INV006 |
Sale to Customer F |
28000 |
|
Oct. 30, 2022 |
INV007 |
Sale to Customer G |
12000 |
Answer:
Sales ledger control account For Gobe and John shops
For October 2022
|
Particulars Sales to Customer A Sales to Customer B Sales to Customer C Sales to Customer D Sales to Customer E Sales to Customer F Sales to Customer G Balance c/d Total Balance b/d |
Invoice No. INV001 INV002 INV003 INV004 INV005 INV006 INV007 |
Debit (₦) 25,000 15,000 18,000 10,000 22,000 28,000 12,000 118,000 118000 |
Credit (₦) 118,000 118,000 |