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8. The following balances were extracted from the books of Desire Enterprises on 31st December, 2019.
\begin{tabular}{lr}
Sales ledger, debit balance \( 1 / 1 / 2019 \) & 982,600 \\
Sales ledger, credit balance \( 1 / 1 / 2019 \) & 23,700 \\
Bought ledger, credit balance \( 1 / 1 / 2019 \) & 721,900 \\
Bought ledger, debit balance \( 1 / 1 / 2019 \) & 42,100 \\
Credit purchases & \( 5,136,200 \) \\
Credit sales & \( 7,815,400 \) \\
Accounts settled by contra & 62,200 \\
Bills dishonoured & 75,000 \\
Bad debts written off & 52,600 \\
Bill of exchange drawn on customers & 347,300 \\
Returns inward & 74,500 \\
Returns outward & 89,200 \\
Cash received from debtors & \( 6,892,300 \) \\
Cash paid to suppliers & \( 4,951,400 \) \\
Discounts received & 193,200 \\
\hline Discounts allowed & 247,500 \\
\hline Cash refunded to customers & 12,700 \\
\hline Sales ledger credit balance \( 31 / 12 / 2019 \) & 20,100 \\
\hline Bought ledger debit balance 31/12/2019 & 33,400
\end{tabular}
You are required to prepare:
(i) Sales ledger control account
(ii) Purchases ledger control account
( 15 marks)