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  4. JAMB 2015
  5. CR. DR....

CR. DR. Sales ledger balance 9, 500 Sales ledger balance 420 Bought ledgers balance 6,...

Accounts - Principles of Accounts
JAMB 2015
CR. DR.
Sales ledger balance 9, 500
Sales ledger balance 420
Bought ledgers balance 6, 115
Bought ledger balance 350
Credit sales 82, 000
Purchases journal 54, 700
Discount allowed 450
Discount received 200
Cash refunded to customers (debtors) 120
Purchases ledger balance 250
Sales ledger balance 120

The amount brought down in the sales ledger control account would be
  • A. N9, N1740; N120
  • B. N90, N990
  • C. N90, N870; N120
  • D. N80, N750
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Correct Answer: Option C
Explanation
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Your School's Whatsapp Group - Join Us now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
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