Purchase ledger control account
System
Posts: 100,534 🤖 Admin 🤖
Can anyone help me with the following question.
I have purchases ledger accounts which give a total of 54052.30 and when you total the purchases ledger control account it is 51352.30 a diffrence of 2700.00. the question asks you to establish the reason for any difference between the two and explain what action is required if any to correct the main ledger. the main ledger accounts have the following figures. Purchases- Dr 31109.97 for PDB
Purchases ledger control a/c DR 36328.53 for bank and 969.90 for dis/rec it also has CR BL b/d 54838.44 and 33812.29 for PDB.
Purchase returns has a CR 2333.54 for PDB.
I have purchases ledger accounts which give a total of 54052.30 and when you total the purchases ledger control account it is 51352.30 a diffrence of 2700.00. the question asks you to establish the reason for any difference between the two and explain what action is required if any to correct the main ledger. the main ledger accounts have the following figures. Purchases- Dr 31109.97 for PDB
Purchases ledger control a/c DR 36328.53 for bank and 969.90 for dis/rec it also has CR BL b/d 54838.44 and 33812.29 for PDB.
Purchase returns has a CR 2333.54 for PDB.
0