The balance sheet were extracted from the enterprises 31 Dec, 1995. Sales ledger debit balance...

The balance sheet were extracted from the enterprises 31 Dec, 1995.
Sales ledger debit balance 1/1/95. 98260
sales ledger credit balance 1/1/95. 2370
Bought ledger credit balance 1/195. 72,190
Bought ledger debit balance 4210
credit sales 513630
accounting settled by contr 781,540
Bills dishonoured 6220
Bad debit written off 7,500
Bills of exchange drown on customer 34730
Return inward 7450
Return outward 8920
cash received from debtors 689230
Cash paid to suppliers 495,140
Discount received 19,320
Discount allowed 24,750
Cash return to customers 1,270
sales ledger credit balance 2010
bought ledger debit balance 3340

You are reminded to prepare: sales ledger control accoral.
purchase ledger.?

In Accounting
1 Answers Available
Asked by Ozioma on 15th February, 2023