Which of the following items is found in the sales ledger control account?

By: |Published on: Mar 19|Categories: Accounting WAEC| 0 comments

A. Discount received
B. Total credit purchases
C. Discount allowed
D. Returns outwards

Correct Answer: Option C

C. Discount allowed

Explanation

A discount allowed is when the seller of goods or services grants a payment discount to a buyer. Discount allowed has to do with purchases

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