AAT POBC Practice Questions - AAT Level 2 Principles Of Bookkeeping Controls Exam

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The purchases ledger control account (PLCA) shows a brought-forward credit balance of GBP 8,400. During the month, credit purchases were GBP 5,200, payments to suppliers GBP 6,100 and discounts received GBP 300. What is the closing balance?

GBP 7,800 credit GBP 7,200 credit GBP 9,600 credit GBP 7,200 debit

Correct Answer:

GBP 7,200 credit

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