If the discount allowed is 2.5% of sales, calculate the closing balance in the sales

FINANCIAL
JAMB 2007

If the discount allowed is 2.5% of sales, calculate the closing balance in the sales ledger account

  • A. N 1400
  • B. N6 600
  • C. N16 600
  • D. N18 600

Correct Answer: A. N 1400



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