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Given: Sales Ledger Control Account (Extracts) Balance b/f N10,600 Total cash payments by debtors N32,275...

Accounts - Principles of Accounts
JAMB 2000

Given:
Sales Ledger Control Account (Extracts)

Balance b/f N10,600
Total cash payments by debtors N32,275
Total credit sales N59,193
Discount received N9,700
Balance c/f N20,751
Discount allowed N2,890

Determine the sales returns?
  • A. N24,577
  • B. N13,877
  • C. N7,067
  • D. N2,890
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Correct Answer: Option B
Explanation
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