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Which errors affect the control account and which affect the list of balances? How is a contra/set-off recorded in the control accounts? How do you prepare a sales ledger control account from incomplete information? How would an overstatement of the sales day book affect the control account reconciliation? How does an omitted discount received affect the PLCA reconciliation? How does a contra entry affect both control accounts and the reconciliations?
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How do you prepare a purchases ledger control account to find missing credit purchases?

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Answer

Reconstruct the PLCA: opening creditors + credit purchases - payments - discounts received - purchases returns +/- contras = closing creditors. Insert the known figures and solve for the missing item (often credit purchases) as the balancing figure—common in incomplete-records problems.
Opening 4,000 + Purchases ? - Payments 18,000 - Discounts 200 = Closing 5,000 -> Purchases 19,200.
Real-world example Given payments and balances, the bookkeeper derives credit purchases as the PLCA balancing figure.

Common follow-ups: How is the missing figure found? | When is this used?

Trial Balance Correcting Errors Control Accounts
All 25 Control Accounts questions