Use the following information to answer the given question: SALES LEDGER CONTROL ACCOUNTS

$\begin{array}{c|c} & N & & N \\ \hline \text{Balance b/d} & ? & \text{Discount allowed} & 968 \\ \text{sales} & 21,610 & \text{Sales returns} & 942 \\ \text{Acceptance dishonoured} & 542 & \text{cash received from customers} & ? \\ & & \text{Balance c/d} & 13,740 \\ \text{Total} & 34,743 & \text{Total} & 34,742 \end{array}$
What is the total debts at the end of the year?

Similar Questions

\(\begin{array}{c|c} & Ade(N) & Bola(N) \\ \hline Capital & 40,000 & 30,000 \\ \hlin...

  $ Cash book balance (credit) 750 Uncredited chequ...

Sule and Ahmad are in partnership sharing profits and losses equally. If Khadija is admitted as new ...

Discount allowed is charged to ...

What are the appropriate recording procedures for entries in the trial balance? ...

Which of the following does not form part of shareholders fund? ...

Which of the following is an item in the debit side of the sales ledger control account? ...

Given:  Stock (1/4/94) N800 Purchases of flour N2450 Sales N4745 Wages of bakery staff N675...

\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of raw materials} & 8,000\\ \text{Pur...

Which of the following should not be adjusted for in the profit and loss account? ...