(a)[8]
Prepare the sales ledger control account for September 2024, in full.
(b(i))[3]
Calculate the revised total of balances in the purchases ledger.
(b(ii))[4]
Calculate the adjusted balance of the purchases ledger control account.
Accounting 9706 · AS & A Level · Reconciliation and verification
Reconciliation and verification — practice question
Alex runs a wholesale business that buys and sells goods both for cash and on credit. Control accounts are used to test whether the individual purchases and sales ledger accounts are accurate. The information for September 2024 is given below.