CONTROL ACCOUNTS
Shs
Balances of trade receivables at 1 Nov 2018 1,142
Balances of trade receivables at 30 Nov 2018 698
For the month of November 2018:
Credit sales 8,899
Cash book entries representing receipts from trade receivables 9,201
Discounts allowed 54
Returns inwards 88
Shs
Balances of trade receivables at 1 Jan 2017 21,787
Balances of trade receivables at 31 Jan 2017 15,343
For the month of January 2017:
Credit sales 77,520
Cash book entries representing receipts from trade receivables 81,312
Discounts allowed 2,211
Returns inwards 342
Bad debts 99
shs
Balances of trade receivables as at 1 June 22,323
Balances of trade receivables as at 30 June 13,123
For the month of June 2012:
Credit sales 213,753
Cash book entries representing receipts from trade receivables 199,131
Discounts allowed 15,435
Returns inwards 7,887
Bad debts 500
From the following data, construct the purchases ledger control account for the month of July 2018.
shs
Balances of trade payables at 1 July 2018 997
Balances of trade payables at 31 July 2018 123
For the month of July 2018:
Credit purchases for month 4,113
Cash book entries for payments of trade payables 4,898
Discounts received 89
From the following data, construct the purchases ledger control account for the month of November 2013.
Shs
Balances of trade payables at 1 November 2013 5,111
Balances of trade payables at 30 November 2013 8,887
For the month of November 2013:
Credit purchases for month 50,909
Cash book entries for payments of trade payables 45,767
Discounts received 555
Returns outwards 811
From the following data, construct the purchases ledger control account for the month of May 2014.
Shs
Balances of trade payables at 1 May 2014 4,324
Balances of trade payables at 31 May 2014 5,345
For the month of May 2014:
Credit purchases for month 72,313
Cash book entries for payments of trade payables 69,998
Returns outwards 1,294
From the following data, construct the sales ledger and purchases ledger control accounts for the month of March 2016.
Shs
Sales ledger balances as at 1 March 2016 6,646
Purchases ledger balances as at 1 March 2016 3,424
Credit sales for March 34,530
Credit purchases for March 27,671
Cash and bank receipts in respect of credit sales 35,559
Set-offs from sales ledger against purchase ledger balances 190
Returns inwards 2,090
Bad debts 760
Payments made for credit purchases 24,043
Discounts allowed 755
Discounts received 543
Returns outwards 1,785
Sales ledger balances as at 31 March 2016 1,822
Purchases ledger balances as at 31 March 2016 4,534
From the following data, construct the sales ledger and purchases ledger control accounts for the month of June 2019.
Shs
Sales ledger balances as at 1 June 2019 19,048
Purchases ledger balances as at 1 June 2019 21,343
Credit sales for March 87,870
Credit purchases for March 53,535
Cash and bank receipts in respect of credit sales 83,499
Set-offs from sales ledger against purchases ledger balances 994
Returns inwards 342
Bad debts 659
Payments made for credit purchases 56,312
Discounts allowed 334
Discounts received 213
Returns outwards 876
Sales ledger balances as at 30 June 2019 21,090
Purchases ledger balances as at 30 June 2019 16,483
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