Accounting
1 / 72 · Score 0/0

Untimed, self-paced — instant feedback after every MCQ.

Past papers:72 questions
Control accounts and bank reconciliation · Medium

The table shows information in a purchases ledger control account at the year-end. $ cash paid to suppliers 36 000 credit purchases 55 000 discount received 7 800 balance carried down (balancing figure) 35 000 What was the credit balance brought down at the beginning of the year?

Diagram for acc_9706_2018_fm_12_q05

Source: February/March 2018 - Paper 12 · 5 · 2018

/ navigate