The balance on the sales ledger control account at the en...
The balance on the sales ledger control account at the end of the accounting year represents a total.........
Trade debtors at the end of the year
Cash sales for the year
Credit sales for the year
Amount transferred from the sales journal
Correct answer is A
A sales ledger control account, also called trade debtors control, is the part of your balance sheet that displays how much your customers owe the company.
Expenditure incurred on consumables and goods for resale is? ...
A three column cash book contains column for ...
\(\begin{array}{c|c} & 1/7/10 & 30/6/11 \\ & D & D \\ \hline \text{Stock} & 1,46...
The method of ascertaining capital from income record is by preparing the ...
Given: (i) Order of performance (ii) Order of liquidity (iii)Vertical order (i...
\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\ &a...