The balance of the sales account is transferred to the tr...
The balance of the sales account is transferred to the trading account by
Debiting the profit and loss account
Debiting the trading account
Debiting the sales account
Crediting the profit and loss account
Crediting the sales account
Correct answer is C
No explanation has been provided for this answer.
\(\begin{array}{c|c} & ₦\\ \hline \text{Opening debtors} & 40,000\\ \text{Opening creditor...
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