Question on: JAMB Accounting - 2005
Given:
purchases ledger balance..............N4000
purchases for the period..............N50000
Cash refunded by suppliers............N290
Cheques paid to suppliers..............N42300
Returns outwards.......................N2000
Discount received from suppliers.......N400
The balance of the purchases ledger control account is?
A
N10390
B
N9990
C
N9590
D
N9010
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Correct Option: C
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