The balance of the sales ledger control account represent...
The balance of the sales ledger control account represents
Total sales
Total credit sales
Total creditors
Total debtors
Correct answer is D
It represents the total of all credit sales. Also known as trade debtors.
If the gross profit margin is 10% of sales, what is the value of the cost of goods sold? ...
The maximum amount which a company can raise by way of selling share is ...
Use the following information to answer the given question \(\begin{array}{c|c} & N & &...
\(\begin{array}{c|c} & & ₦\\ \hline \text{Raw materials} & \text{stock 1/1/2000} &...
When a share valued at 50k is issued at #1.59, it is said to be issued at ...
Which of the following does not relate to a manufacturing concern? ...
Which of the following is not an administrative expenses in a manufacturing organization? ...
Sales--------------- 120,000 Purchase-----------100,000 Opening stock-----10,000 Closing stock---...