prepare the Sales Ledger Control Accounts for Nakamura & Sons Ent. For the year ended 31st December 2018
From the information below, prepare the Sales Ledger Control Accounts for Nakamura & Sons Ent. For the year ended 31st December 2018
GHC
Debtors balance at 1/1/2018 20,000
Credit balance on a customer’s account at 1/1/2018 5,000
Discount Allowed 3,000
Bill receivable 18,000
Receipts from customers 86,000
Contra settlement 3,600
Credit Sales 130,000
Dishonoured Cheques 6,400
Bills receivable dishonoured 3,000
Allowance to debtors for defective goods 800
The balance of debtors extracted from the sales ledger at GHC30,000.
the end of the year were
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