Given:

purchases ledger balance..............N4000

purchases for the period..............N50000

Cash refunded by suppliers............N290

Cheques paid to suppliers..............N42300

Returns outwards.......................N2000

Discount received from suppliers.......N400

The balance of the purchases ledger control account is?

  • A N10390
  • B N9990
  • C N9590
  • D N9010

The correct answer is C. N9590

No explanation given
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