Amin Ltd. Creditor Ledger Control Account (Extracts) Beginning control account Balance: Debit 32,000 Credit 61,000 Purchases during the year: Cash 30,000 Cr...
Question 1 Report
Amin Ltd. Creditor Ledger Control Account (Extracts)
Beginning control account
Balance: Debit 32,000
Credit 61,000
Purchases during the year:
Cash 30,000
Credit 60,000
Payment to suppliers:
Cash 13,000
Cheque 29,000
Debtor's contra 6,000
The closing control account balance is
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