Sales ledger balances 01/06/12------ 9,000
30/06/12------------------------------------30,000
Total for the month: Cash sales----- 10,000
Returns inwards --------------------------3,000
Cheque dishonoured-------------------- 4,000

The credit sales for the month is?

A.

36,000

B.

31,000

C.

20,000

D.

30,000

Correct answer is C

 

                            Sales ledger control account

Bal b/f                        9,000
Dishonored cheque   4,000
credit sales               20,000
                                 33,000
Returns inwards   3,000
Bal c/d                  3,000

                            33,000