Purchases ledger control account: answers to questions

1 Calculate the Purchases Ledger Control Account balance at 30-April using the following data
Contra with sales ledger account £566
Dishonoured cheque paid to supplier £3,600
Gross credit notes received in the month £444
Gross purchase invoices for the month £20,106
Interest payable on late payments £41
Payments to credit suppliers £17,558
Purchase ledger balances at 01-April £7,199

Balance at 30-Apr £

2 The following information is provided in respect of a business' PLCA for February

Calculate the interest charged by suppliers for late payment for the month
Gross purchases for the month £22,151
Payments to credit suppliers in the month £25,669
Gross credit notes received in the month £369
Purchase ledger balances at 1st February £21,856
Contra with sales ledger account £422
Purchase ledger balances at 28th February £17,674

Interest charged by suppliers £

3 A business' purchases returns day book for October has gone missing.
Use the following information to calculate the NET purchase returns for the month
(assume all purchases include VAT at 20%)
Supplier balances at 1st October £35,615
Supplier balances at 31st October £68,452
Interest charged by suppliers for late payment £86
Gross purchases per PDB £128,471
Contra with sales legder account £2,488
Cheques paid to credit suppliers £92,044

Gross purchase returns £

4 Information about a business' sales ledger control account and purchase ledger control account
for the month ended 31-October is given below
Sales ledger control account information
Gross sales for the month £254,699
Credit customer receipts £229,458
Customer balances at 1st October £126,555
Customer balances at 31st October £134,006
Irrecoverable debts written off in month £3,000
Gross credit notes issued in the month £5,340

a) Use the above information to calculate the value

of contras with the PLCA £

Purchase ledger control account information

Supplier balances at 1st October £93,362
Supplier balances at 31st October £81,773
Interest charged by suppliers for late payment £315
Gross purchases per PDB £162,364
Payments to credit suppliers £159,700

b) Use the above information and your answer to

part (a) to calculate the gross value of credit notes
received from suppliers £