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.
Dairo and Segun are in partnership sharing profits and losses in the ratio 2:3 respec...
Which of the following is not a real account? ...
In the absence of a partnership deed, the act stipulates that ...
Which of the following events increases a corporation's shareholders equity? ...
ln a not-for-profit organization, the accumulated fund is ...
Prepayment is treated in the balance sheet of firm as a ...
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...
Use the following information to answer the question \(\begin{array}{c|c} & Ade & Bola\\ &a...