Home » Past Questions » Accounts » Mini Enterprises Sales Ledger as at 31/12/94 reads:Prepare the sales ledger contro...

Mini Enterprises Sales Ledger as at 31/12/94 reads:Prepare the sales ledger contro...


Question

Mini Enterprises Sales Ledger as at 31/12/94 reads:

 
Balance b/f12750
Total credit sales28185
Payments by debtors12112
Discount allowed638
Sales returns1500

Prepare the sales ledger control account and determine the balance due from debtors.

Options

A)
₦40,935
B)
₦27,961
C)
₦26,685
D)
₦1,185

The correct answer is C.


More Past Questions:


Discussion