Madam Chioma's payables ledger control account shows a closing credit balance of ₦2,385,000. A reconciliation with the list of individual supplier balances reveals the following differences: (i) A purchase invoice of ₦48,000 was posted twice to the control account; (ii) A credit note of ₦22,000 received from a supplier was omitted from the control account; (iii) A contras entry of ₦35,000 was recorded in the individual supplier's account but omitted from the control account. What is the CORRECTED payables ledger control account balance?

Starting with ₦2,385,000: (i) the invoice posted twice means the control account was debited (reduced) once too many — wait, purchases are credited to the payables control; posting a purchase invoice twice overstates the credit balance, so we deduct ₦48,000 to correct it, giving ₦2,337,000; (ii) the omitted credit note should reduce the balance, so deduct ₦22,000 giving ₦2,315,000; (iii) the omitted contra reduces the payables balance, so deduct ₦35,000 giving ₦2,280,000. All three corrections reduce the overstated control account balance, yielding ₦2,385,000 − ₦48,000 − ₦22,000 − ₦35,000 = ₦2,280,000.