Opening balance           10,640
Purchases                       26,912
Returns inwards                 492
Returns outwards              810
Cash disc received          1,348
Cash disc allowed            1560
Cash paid to suppliers    20,808

At the end of the year, the purchase ledger showed a debit balance of N108

The balancing figure in the purchases ledger control account is?

Similar Questions

An asset was bought on 1st January, 1992 for N20,000. Depreciation was provided for annually at 20% ...

Capital ...................N2000 Bank ......................N1200 Purchase ..................N2500...

The source document sent by the seller to the buyer when goods are returned is ...

An amount set aside to meet expenses whose value is not certain is a  ...

Subscription in advance is treated in the balance sheet under ...

Use the following information to answer the question \(\begin{array}{c|c} \text{prepared} &...

The document setting out the regulations regarding shares, meetings and internal organization of a c...

The accumulated fund of a non-trading concern can equally be referred to as? ...

The balance on the sales ledger control account at the end of the accounting year represents a ...

\(\begin{array}{c|c} & \text{N} \\ \hline \text{Stock Jan 1} & 2000 \\ \hline \text{Purchase...