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.
The correct expression of accounting equation is ...
Use the information to answer the given question \(\begin{array}{c|c} Dr & & & &...
\(\begin{array}{c|c} & ₦\\ \hline \text{Opening debtors} & 40,000\\ \text{Opening creditor...
The concept which underlines double entry bookkeeping is ...
Which of the following is used to service all operations of government? ...
Incomplete Record (Extract) Sales......................................N10,600 Rent................
State Bank collected a note for A-Makura Company. This collection, not yet recorded in AL-Makura'...
Transfers from the head office to branches are best carried out at__________ ...