Which of the following items is found in the sales ledger...
Which of the following items is found in the sales ledger control account?
Discount received
Total credit purchases
Discount allowed
Returns outwards
Correct answer is C
A discount allowed is when the seller of goods or services grants a payment discount to a buyer. Discount allowed has to do with purchases
Sales ledger balances 01/06/12------ 9,000 30/06/12------------------------------------30,000 ...
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