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  • The Following Information Has Been Extracted From The Books of

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    Miroslav Gegoski
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    The summary provides financial information extracted from the books of a trader for the period ending June 30, 2023. It includes amounts owing to and from credit customers and suppliers as of July 1, 2022, revenues and purchases for the fiscal year, and receipts and payments to credit customers and suppliers. The question asks to prepare the sales ledger and purchases ledger control accounts for the fiscal year ended June 30, 2023 using the extracted information.

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    The Following Information Has Been Extracted From the Books Of

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    The Following Information Has Been Extracted From the Books Of

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    The summary provides financial information extracted from the books of a trader for the period ending June 30, 2023. It includes amounts owing to and from credit customers and suppliers as of July 1, 2022, revenues and purchases for the fiscal year, and receipts and payments to credit customers and suppliers. The question asks to prepare the sales ledger and purchases ledger control accounts for the fiscal year ended June 30, 2023 using the extracted information.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    60 views1 page

    The Following Information Has Been Extracted From The Books of

    Uploaded by

    Miroslav Gegoski
    The summary provides financial information extracted from the books of a trader for the period ending June 30, 2023. It includes amounts owing to and from credit customers and suppliers as of July 1, 2022, revenues and purchases for the fiscal year, and receipts and payments to credit customers and suppliers. The question asks to prepare the sales ledger and purchases ledger control accounts for the fiscal year ended June 30, 2023 using the extracted information.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    The following information has been extracted from the

    books of #8216
    The following information has been extracted from the books of a trader at 1 July
    20X2:................................................................... £Amount owing by credit customers
    .................. 40,000Amount owing by credit suppliers .................. 31,200The transactions during
    the year ended 30 June 20X3 were as follows:Returns inwards .....................................
    15,750Returns outwards .................................... 8,660Discount received ....................................
    3,187Discount allowed ..................................... 5,443Sales revenue ......................................
    386,829Purchases ........................................... 222,954Bad debts written off ...............................
    3,400Cheques received from credit customers ...... 230,040Cheques paid to credit suppliers
    ................ 108,999RequiredWrite up the sales ledger control account and the purchases ledger
    control account for the year ended 30 June 20X3?View Solution:
    The following information has been extracted from the books of

    ANSWER
    http://paperinstant.com/downloads/the-following-information-has-been-extracted-from-the-books-
    of/

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