Question

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Explanation:

Reconstruct Sales using Control Accounts

Using the Control Accounts and Incomplete Records knowledge points

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Reconstruct Purchases using Control Accounts

Using the Control Accounts and Incomplete Records knowledge points

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Adjust for Goods Withdrawn

Using the Incomplete Records knowledge point

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Answer:

Based on the provided incomplete records, the reconstructed figures for the year 2021 are:

• Total Sales (Credit): \(\text{GH}\cancel{\text{c}}\,41,170\)
• Total Purchases (Credit): \(\text{GH}\cancel{\text{c}}\,29,820\)
• Adjusted Purchases (after drawings of goods): \(\text{GH}\cancel{\text{c}}\,29,320\)
• Drawings (Goods): \(\text{GH}\cancel{\text{c}}\,500\)