Purchases ledger opening balances N4,000 Sales ledger opening balances N6,000 Credit purchases during the year...
FINANCIAL
JAMB 2001
Purchases ledger opening balances N4,000 Sales ledger opening balances N6,000 Credit purchases during the year N25,000 Discounts allowed N1,000 Returns inwards N2,000 Credit sales during the year N10,000 Returns outwards N6,000 Calculate the sales ledger balance?
- A. N3,000
- B. N6,000
- C. N10,000
- D. N13,000
Correct Answer: D. N13,000
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