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A-LevelAccountingReconciliation and verification9706/12 · Feb/Mar 2018 · Q51 Mark

The table shows information in a purchases ledger control account at the year-end. $ cash paid to suppliers 36000 credit purchases 55000 discount received 7800 balance carried down (balancing figure) 35000 What was the credit balance brought down at the beginning of the year?

A$8200
B$23800
C$46 200
D$61800

✓ Correct answer

B: $23800

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About this question

Topic
Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Feb/Mar 2018 Paper 1 Variant 2, question 5.

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