Given:Sales Ledger Control Account (Extracts)Balance b/f ₦10,600Total cash paym...
Question
Given:
Sales Ledger Control Account (Extracts)
Balance b/f ₦10,600
Total cash payments by debtors ₦32,275
Total credit sales ₦59,193
Discount received ₦9,700
Balance c/f ₦20,751
Discount allowed ₦2,890
Determine the sales returns?
Options
A)
₦24,577
B)
₦13,877

C)
₦7,067
D)
₦2,890
The correct answer is B.
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