The balance of the purchases ledger control account is?

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

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

Correct Answer:

Option C – N9590