Purchases Ledger Control Account Opening Balance Calculation

Steps:

• Review the trial balance or ledger summary for 1st April opening figures.
• Identify total creditors (credit side) and any prepayments or advances (debit side).
• Subtract debit items from credit items to find net balance.
• Match against options: debit $94, credit$3514 indicates net credit after adjustments.

Why D is correct:

• Purchases ledger control accounts show net creditors per double-entry principle, where credit balances represent amounts owed to suppliers, adjusted for any debit items like returns.

Why the others are wrong:

• A: Ignores debit adjustment of $94, understating net credit.
• B: Uses incorrect credit total of $3514 without debit offset.
• C: Applies debit $94 but uses wrong credit base of$3420.

Not enough information: Full ledger data not provided, but D fits standard calculation.

Final answer: D