Accounting 0452 · IGCSE
Control accounts
71 practice questions on Control accounts, with worked solutions and instant marking.
GHB Limited keeps a complete set of accounting records and draws up monthly control accounts. The information below relates to November 2019. Purchases ledger control account balance at 1 November $ ? Totals for November: Purchases journal $14 200 Purchases returns journal $1 160 Cash purchases $5 390 Commission receivable $2 110 Cash discount received $650 Cash discount allowed $710 Cheques paid to trade payables $11 420 Sales ledger contras $250 Interest charged by trade payables $95 Cheque refunds from trade payables $330 Purchases ledger control account balance at 30 November $13 195
Feb/March 2020
For what reason is a sales ledger control account prepared?
Feb/March 2023
Jason gave the following details. 1 March: sales ledger control account had a debit balance of $400 31 March: credit sales $520; cheques received from trade receivables $300; bad debts written off $45; a cheque received from a credit customer was dishonoured $10. What debit balance was shown on the sales ledger control account at 31 March?
Feb/March 2023
Lucas is a trader. He has supplied the following details. Balances at 1 January 2023: Sales ledger control account: $14 940 debit Purchases ledger control account: $8450 credit Totals for January 2023: Credit sales 12 736 Cash sales 3992 Credit purchases 7325 Returns to credit suppliers 463 Returns from credit customers 920 Cash received from credit customers 685 Bank transfers received from credit customers 10 620 Bank payments to credit suppliers 6675 Irrecoverable debts written off 140 Discount received 210 Contra entries 180 Interest charged on overdue purchases ledger accounts 166
Feb/March 2023
What is not a purpose of preparing a monthly sales ledger control account?
Feb/March 2024
The sales ledger control account showed a debit balance of $10 000. A $2000 contra entry that should have been posted to the purchases ledger control account was entered on the wrong side of the sales ledger control account. What is the correct debit balance in the sales ledger control account?
Feb/March 2024
Samir trades on credit as a seller and a buyer. He has given the information below. 2023 1 January Total trade receivables $10 115 31 December Totals for the year: Cash sales $136 900 Credit sales $124 670 Returns from credit customers $5 234 Bank transfers received from credit customers $98 620 Cash received from credit customers $11 470 Interest charged on overdue sales ledger accounts $139 Contra entries $1 833 Discount allowed to credit customers $3 125 In addition, one of Samir’s trade receivables, Ria, has gone bankrupt and Samir will not collect the $178 that she owes him. Samir believes that he will recover most of the remaining amounts owed to him by his trade receivables.
Feb/March 2024
Which items are recorded in a sales ledger control account?
Feb/March 2025
Javid’s sales ledger control account recorded a debit balance of $12\,000$. The interest on an overdue account, $40$, together with discount allowed, $150$, had not been included. What is the correct balance for the sales ledger control account?
May/June 2021
Which of the following statements about a purchases ledger control account is not correct?
May/June 2021
What items are contained in a purchases ledger control account?
May/June 2021
Javid’s sales ledger control account showed a debit balance of $12\,000. Interest on an overdue account, $40, and discount allowed, $150, had not been included. What should the correct balance on the sales ledger control account be?
May/June 2021
What items are recorded in a purchases ledger control account?
May/June 2021
Javid’s sales ledger control account showed a debit balance of $12000. Interest on an overdue account, $40, and discount allowed, $150, had not been included. What was the correct balance on the sales ledger control account?
May/June 2021
Why is a sales ledger control account usually drawn up by a different member of staff from the person who keeps the sales ledger?
May/June 2022
Tamal gave the following details for March, his first month of trading. credit purchases $9100$ credit purchases returned $322$ total payments to credit suppliers $5358$ At some point during the month, Tamal paid a supplier $94$ too much. He made no additional purchases from this supplier in March. What balance(s) did Tamal’s purchases ledger control account show on 1 April?
May/June 2022
What item would be entered on the credit side of a sales ledger control account?
May/June 2022
Why is a sales ledger control account usually prepared by someone other than the staff member who keeps the sales ledger up to date?
May/June 2022
What item would be entered on the credit side of a sales ledger control account?
May/June 2022
Why is a sales ledger control account usually compiled by a different staff member from the one who keeps the sales ledger?
May/June 2022
Which statement concerning a sales ledger control account is incorrect?
May/June 2023
The partly completed account below was shown in Candy’s ledger. Information for the purchases ledger control account is given below. The following entries still remain to be entered in the account. Credit suppliers charged $15 interest for late payments. Balances totalling $450 owed in the purchases ledger were offset against balances in the sales ledger. What will be the closing balance on the purchases ledger control account after these entries have been posted?
May/June 2023
Thembi is putting together her sales ledger control account. She needs to find out: 1 the total value of goods returned by credit customers 2 the amount due from credit customers that has been written off as irrecoverable. From which records can she obtain this information?
May/June 2023
On 1 August, the sales ledger control account showed a debit balance of $1800. In August, a debt of $200 was written off as irrecoverable, and $10000 was collected from credit customers. By 31 August, the amount owed by credit customers was $3000. What was the total value of credit sales in August?
May/June 2023
What information is recorded in a business’s sales ledger?
May/June 2023
At 1 August, the sales ledger control account showed a debit balance of $1800. In August, a debt of $200 was written off as irrecoverable, and $10\,000 was collected from credit customers. By 31 August, amounts owed by credit customers were $3000. What was the total credit sales in August?
May/June 2023
What information is recorded in a business’s sales ledger?
May/June 2023
Which item would not be recorded in a sales ledger control account?
May/June 2024
Nadia gave the following details for July. 1 July sales ledger control account balance debit $1750 credit $215 During July: total sales journal $5500 total sales returns journal $360 cheques received from credit customers $4840 irrecoverable debt written off $280 interest charged on credit account $5 On 1 August, the account had no credit balance. What was the debit balance brought down on the sales ledger control account on 1 August?
May/June 2024
A business maintains a full set of accounting records. Which source of information is not used when making entries in control accounts?
May/June 2024
Which item would not be included in the purchases ledger control account?
May/June 2024
A business maintains a full set of accounting records. What is not used as a source of information for posting entries to control accounts?
May/June 2024
Which item would not be recorded in the purchases ledger control account?
May/June 2024
George is drawing up his purchases ledger control account. What information would he take from his general journal to complete this?
May/June 2025
Javid’s sales ledger control account showed a debit balance of $12000. Interest of $40 on an overdue account and discount allowed of $150 had not been included. What is the corrected balance on the sales ledger control account?
May/June 2025
Which control account item is information supplied by the cash book for?
May/June 2025
George is drawing up his purchases ledger control account. Which details would he take from his general journal to do this?
May/June 2025
The sales ledger control account for Javid showed a debit balance of $12000. Interest of $40 on an overdue account, together with discount allowed of $150, had both been left out. What was the correct balance on the sales ledger control account?
May/June 2025
Peter’s accounting records showed the following account for Rami. Which statement is correct?
May/June 2025
What would not be recorded in a sales ledger control account?
Oct/Nov 2020
What is one purpose of preparing a sales ledger control account?
Oct/Nov 2020
George is putting together his purchases ledger control account. Which information would he take from his general journal?
Oct/Nov 2020
In which part of Zamir’s ledger should each of the following accounts be recorded? 1 sales account 2 the account of Harjit, a trade receivable
Oct/Nov 2020
What would be excluded from a sales ledger control account?
Oct/Nov 2020
What is one reason for drawing up a sales ledger control account?
Oct/Nov 2021
Where are the accounts of credit suppliers kept?
Oct/Nov 2021
What is one reason for drawing up a sales ledger control account?
Oct/Nov 2021
Where are the accounts kept for suppliers who extend credit?
Oct/Nov 2021
Ayesha trades as a business and keeps a complete set of accounting records, then prepares control accounts at the end of every month. She supplied the following figures for August 2021. On 1 August Sales ledger control account debit balance $9800 Sales ledger control account credit balance $420 Purchases ledger control account credit balance $7700 Monthly totals Credit sales $88 850 Credit purchases $55 400 Cash purchases $1860 Receipts from customers $82 100 Payments to credit suppliers $50 600 Discount received $600 Discount allowed $900 Irrecoverable debt written off $300 Provision for doubtful debts $450 Sales returns $2400 Interest charged to customer on overdue account $90 Contra between sales ledger and purchases ledger $2920 The sales ledger control account credit balance brought down on 1 September 2021 was $350.
Oct/Nov 2021
A sales ledger control account contained the items below. 1 discount allowed 2 dishonoured cheques 3 interest charged on overdue accounts 4 irrecoverable debts Which of these items had information taken from the general journal?
Oct/Nov 2022
A sales ledger control account showed a debit balance of $4000 on 1 August. In August, total credit sales amounted to $50\,000, sales returns from credit customers were $600 and discounts allowed came to $400. On 1 September, the sales ledger control account had a debit balance of $6000. What total amount was received from credit customers in August?
Oct/Nov 2022
A sales ledger control account contained the items below. 1 discount allowed 2 dishonoured cheques 3 interest on overdue accounts 4 irrecoverable debts Which of these items would have been identified from the general journal?
Oct/Nov 2022
On 1 August, a sales ledger control account showed a debit balance of $4000. Over August, total credit sales amounted to $50000, sales returns from credit customers came to $600, and discounts allowed were $400. At 1 September, the sales ledger control account had a debit balance of $6000. What total was received from credit customers during August?
Oct/Nov 2022
MC is a trader who keeps a complete set of accounting records and, at the end of each month, prepares control accounts. MC has supplied the following details for July 2022. On 1 July 2022: Purchases ledger control account credit balance b/d $21400 Purchases ledger control account debit balance b/d $130 Monthly totals: Credit purchases $259600 Credit purchases returns $9800 Cash purchases $240 Cheques paid to credit suppliers $228200 Discount received $12900 Cash paid to credit suppliers $500 Interest charges by credit suppliers $150 Contra sales ledger $2260 At 31 July 2022 the purchases ledger control account showed a credit balance c/d of $180.
Oct/Nov 2022
Why would a trader draw up a sales ledger control account?
Oct/Nov 2023
When a sales ledger control account is being prepared, where do the figures for amounts received from credit customers come from?
Oct/Nov 2023
The ledger account shown below appeared in Meena’s sales ledger. Which statement is correct about the balance in Meena’s books of account on 1 February?
Oct/Nov 2023
What is one benefit of keeping a purchases ledger control account?
Oct/Nov 2024
Raj acts as both a customer for Balbir and a supplier to Balbir. In Balbir’s sales ledger, Raj’s account had a debit balance of $300. In Balbir’s purchases ledger, Raj’s account showed a credit balance of $100. The two balances were agreed to be set off by a contra entry. Which entry would Balbir record in his purchases ledger control account?
Oct/Nov 2024
What is one benefit of preparing a monthly sales ledger control account?
Oct/Nov 2024
Jim’s cash book was summarised for the year as follows: • total cheques paid to suppliers $3750$ • total discount received $65$ Which entries are made in his purchases ledger control account?
Oct/Nov 2024
Which account is not recorded in the nominal ledger?
Oct/Nov 2024
What benefit comes from keeping a purchases ledger control account?
Oct/Nov 2024
Raj is a customer of Balbir and, at the same time, supplies goods to Balbir. In Balbir’s sales ledger, Raj’s account showed a debit balance of $300. In Balbir’s purchases ledger, Raj’s account had a credit balance of $100. It was agreed that a contra entry would be made between the two accounts. What entry should Balbir record in his purchases ledger control account?
Oct/Nov 2024
Natalie is a customer of Gustav as well as one of Gustav’s suppliers. On 28 June, the balance on Gustav’s account in Natalie’s purchases ledger was a credit $295, while the balance on his account in Natalie’s sales ledger was a debit $140. Gustav wants to set one amount off against the other. Which entries should Gustav post in his control accounts?
Oct/Nov 2025
Johnny drew up his sales ledger control account. The entries in it were taken from several different sources. Which statements are correct?
Oct/Nov 2025
An account in the purchases ledger of X Limited shows a debit balance. What is this balance indicating?
Oct/Nov 2025
The account shown below was recorded in the books of Mary. Paul account: Debit side: April 1 balance b/d $90; April 14 sales $150; total $240. Credit side: April 21 returns $25; April 30 bank $88; discount $2; balance c/d $125; total $240. Which statement is correct?
Oct/Nov 2025
Which group of prime entry books can be used to provide information for preparing a sales ledger control account?
Oct/Nov 2025
What items are contained in a purchases ledger control account?
Oct/Nov 2025
Jenny keeps a complete set of accounting records and produces control accounts at each month end. She has supplied the following details:
Oct/Nov 2025