Bal. b/f

3,250 Bal. b/f. 215

Sales

19,075 Bank

16,387.50

Dishonoured cheque

625 Discount 862.50

Stopped cheque

250 Returns inwards 325

Bal c/d

230 Set off 900
    Bal c/d

4740

  23,430  

23430

Bal b/d

4740 Bal b/d 230

Dr. Sales Ledger Control Account . Cr
 

 

 

The amount ₦16,378.50 described as "Bank" represents

a

receipts from trade debtors only

b

cash sales for the month including discount

c

receipts from all debtors of the business

d

cash sales for the month excluding discount

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Explanation

Correct Option
c

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