Accounting 9706 · AS & A Level · The accounting system

The accounting system — practice question

In June, a business noted the following figures: payments made to credit suppliers in June $16380; credit purchases for June $21650; discount received $850; purchases ledger balances at the beginning of June $5730; purchases returns in June $1200. What was the balance on the purchases ledger control account at the end of June?

  • A$8950
  • B$10650
  • C$15570
  • D$27380

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI