Use the information below to answer question . Purchases ledger opening balances ₦4,000 Sales ledger opening balances ₦6,000 Credit purchases during the yea...

Assessment: JAMB UTME - Principles of Accounts - 2001 Subject: Financial Accounting

Question 1 Report

Use the information below to answer question . Purchases ledger opening balances ₦4,000 Sales ledger opening balances ₦6,000 Credit purchases during the year ₦25,000 Discounts allowed ₦1,000 Returns inwards ₦2,000 Credit sales during the year ₦10,000 Returns outwards ₦6,000What is the purchases ledger balance?

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