Home » Past Questions » Accounts » Given:Sales Ledger Control Account (Extracts)Balance b/f ₦10,600Total cash paym...

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.


More Past Questions:


Discussion