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
A. N24,577
B. N13,877
C. N7,067
D. N2,890
Correct Answer:
Option B – N13,877
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