Concept:A Purchase Ledger Control Account, also called the Creditors Control Account, summarizes all transactions with suppliers and shows the total amount the business owes to them.
Explanation:Credit purchases made from suppliers are recorded on the credit side of the account.
Payments made to suppliers, purchases returns, and discounts received are recorded on the debit side of the account.
The credit balance of the account is therefore the net amount still owed to suppliers after all payments and returns have been deducted.
This net amount represents the outstanding liability of the business to its creditors.
It is not simply the total purchases made, because payments and other deductions reduce the balance.
It is also not a receivable, since the business owes the creditor rather than the creditor owing the business.
Therefore, the balance of the Purchase Ledger Control Account expresses the amount payable to the creditor.
Answer:D. payable to the creditor