The balance of the sales ledger control account represent...
The balance of the sales ledger control account represents
Total sales
Total credit sales
Total creditors
Total debtors
Correct answer is D
It represents the total of all credit sales. Also known as trade debtors.
One of the benefits of book-keeping records is that they? ...
A trader bought goods worth #16,000 and sold three-quarter of it for #20,000 The margin would be ...
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Which of the following is not a credit item in the sales ledger control account? ...
\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\ &a...
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Which of the following is shown in the profit and loss appropriation account of a company? ...