Q33: The following are the items extracted from Nesto Wholesale Trading Company for the month...
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Q33: The following are the items extracted from Nesto Wholesale Trading Company for the month ended April 30th, 2018. Prepare the Purchase Ledger Control Account and find out the cash paid to the suppliers from the given data:
$79,500
$69,800
$47,000
$90,900
| Particulars | $ |
| Opening Balance as on 1st April, 2018 | 32,500 |
| Credit Purchases | 58,400 |
| Discount received | 1,200 |
| Closing Balance as on 31st April, 2018 | 19,900 |
Q34: Dishonoured cheques appears on the:
Credit side of Sales account
Credit side of Purchase Ledger control account
Debit side of Sales Ledger control account
Credit side of Sales Ledger control account
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