Categories: Accounting WAEC

One of the items on the debit side of sales ledger control account is?

A. bad debt
B. returns inwards
C. bills dishonored by debtors
D. bills accepted by debtors

Correct Answer:

Option C – bills dishonored by debtors

Explanation

Items on the debit side of the sales ledger control account are: Sales credit, interest charges, dishonoured bill, carriage outwards, discounts disallowed, debit note issued, service charges.

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