Given: Sales Ledger Control Account (Extracts) Balance b/f N10,600 Total cash payments by debtors N32,275...

FINANCIAL
JAMB 2000

Given: Sales Ledger Control Account (Extracts) Balance b/f N10,600 Total cash payments by debtors N32,275 Total credit sales N59,193 Discount received N9,700 Balance c/f N20,751 Discount allowed N2,890 Determine the sales returns?

  • A. N24,577
  • B. N13,877
  • C. N7,067
  • D. N2,890

Correct Answer: B. N13,877



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