Opening balance 10,640 Purchases 26,912 Returns inwards 492 Returns outwards 810 Cash disc received 1,348
FINANCIAL
JAMB 2004
Opening balance 10,640
Purchases 26,912
Returns inwards 492
Returns outwards 810
Cash disc received 1,348
Cash disc allowed 1560
Cash paid to suppliers 20,808
At the end of the year, the purchase ledger showed a debit balance of N108
The balancing figure in the purchases ledger control account is?
- A. N15,828
- B. N15,720
- C. N14,940
- D. N14,694
Correct Answer: D. N14,694
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