Accounting WAEC

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

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.

Sunday

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