Categories: Accounting WAEC

The amount of sales is?

Discount allowed N2,000;
Bad debts 1,000
Cheque received from customers 24,000
Returns inwards 500;
Sales ledger balance at the beginning 2.000

 

A. N29,500
B. N26,000
C. N25,500
D. 24,000

Correct Answer:

Option C = N25,500

Sunday

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