RM
Balance b/d as at 1 December 2017
- Sales ledger control account (Dr) 48,700
- Purchases ledger control account (Cr) 29,660
Transactions during the month,
Total cash sales 38,792
Total credit sales 318,990
Total cash purchases 13,212
Total credit purchases 247,340
Sales return 3,345
Purchases return 3,950
Discounts received from suppliers 3,222
Discounts granted to credit customers 3,630
Bad debts 6,750
Bad debts recovered 1,780
Cash and cheques received including from the bad debts recovered 321,780
Cash and cheques paid to suppliers 245,900
Interest charged on debtors 975
Increase in provision for bad debts 989
Transfer from Purchase Ledger to Sales Ledger 1,865
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