Which of these will not appear in the preparation of control account?

By: |Published on: Jan 10|Categories: Accounting WAEC| 0 comments

I. Bad debts
II. Discounts
III. Returns
IV. Provision for bad debts

A. I only
B. II and III
C. I and III only
D. IV only

Correct Answer: Option D

D. IV only

Explanation

Provision for bad debts and trade discount allowed will not appear in the account.

Users Also Read These:

SEE ALSO  The instrument issued by the Minister who authorized an officer to incur expenditure is a/an?

Copyright warnings! Do not copy.