Accounting 9706 · AS & A Level · The accounting system

The accounting system — practice question

A trader has taken the following figures from his books of account as at 31 March 2018. Purchases ledger balances on 1 March 2018: $32100 Credit purchases during March: $26400 Cheques paid to credit suppliers in March: $29700 Contra with sales ledger: $600 Discount received: $400 What was the closing balance on the purchases ledger control account on 31 March 2018?

  • A$27800
  • B$29800
  • C$29000
  • D$34400

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