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Given:Purchases ledger balance..............₦4000 Purchases for the period.....


Question

Given:

Purchases ledger balance..............₦4000
Purchases for the period..............₦50000
Cash refunded by suppliers............₦290
Cheques paid to suppliers..............₦42300
Returns outwards.......................₦2000
Discount received from suppliers.......₦400

The balance of the purchases ledger control account is?

Options

A)
₦10390
B)
₦9990
C)
₦9590
D)
₦9010

The correct answer is C.


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