[Amarachi1]

Hi, please i need answer to this question that has been bothering me for some time.
1. On 1st January 2013, Bode & Sons had the following balances in his books:
#
Sundry Debtors (Receivables) 9,658
Sundry Creditors (Payables) 7,420
Sales Ledger Credit Balances 725
Purchases Ledger debit balances 583
During the year ended 31st December 2003, the following transactions took place:
#
Discount allowed 670
Credit sales (turnover) 25,186
Cash received from debtors (receivables) 18,948
Discount received 1,635
Purchases returns 872
Credit purchases 16,296
Bills payables accepted 4,500
Sales return 937
Cash paid to creditors (Payables) 9,850
Bad debts written off 618
Bills receivable accepted 5,200
Sales and purchases ledger transfer 464
The sales ledger credit balances and purchases ledger debit balances on 31st December, 2013 were #1.290 and #924 respectively.
You are required to prepare:
a. The sales ledger control account
b. The purchases ledger control account

2. Mr Seun had the following balances in his books on 1st July, 2018.
#
Sundry creditors (payables) 9,724
Sundry debtors (receivables) 14,581
Debit balances in Purchases Ledger 660
Credit balances in Sales Ledger 902
The following transactions took place during the month of July
#
Bad debts written off 627
Payment to creditors (payables) 28,368
Discount allowed 1,593
Sales returns and allowances 840
Bills payable accepted 15,129
Received from debtors (receivables) 32,708
Discounts received 1,838
Purchases returns and allowances 749
Credit Sales (turnover) 37,906
Bills receivable accepted 8,351
Sales and purchases ledger transfer 1,498
Credit purchases 47,317
The following balances also existed in the books on 31st, July, 2018
Purchases ledger debit balances #856
Sales ledger credit balances #1,279
You are required to prepare:
a. The Sales Ledger control account and
b. The Purchases Ledger Control Account for the month of July 2018.

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