Given:
purchases ledger balance..............N4000...
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?
N10,390
N9,990
N9,590
N9,010
Correct answer is C
No explanation has been provided for this answer.
Which of the following is a form of memorandum of association? ...
Which of the following is a subsidiary book? ...
The process whereby a cheque received by one person is given to another is known as? ...
Which of the following brings a company into legal existence? ...
Subscription in advance is classified in the balance sheet as ...
The purpose of preparing a trading account is to ascertain ...
Purchase of goods for N1,000 from chukwu had been entered in Chukwura's account. This is an erro...