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Given: purchases ledger balance..............N4000 purchases for the ...

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
The balance of the purchases ledger control account is?
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  • A N10390
  • B N9990
  • C N9590
  • D N9010
Correct Answer: Option C
Explanation:

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