Paper 2 structured question: Control accounts
Paper 2Structured Written Paper3 marks
Data Table
Monthly Transactions
The table below shows the transactions for the month.
| Transaction Type | Amount |
|---|---|
| Credit Sales | £5,000 |
| Cash Sales | £2,000 |
| Returns | £500 |
| Irrecoverable Debts | £300 |
| Cash Discounts | £200 |
- a[3]
Prepare the control account for sales for the month.
Aim for approximately 3 distinct marking points.