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WAEC Accounting 2011 Paper

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Question : 39

Total: 47

Use the following information to answer the given question.

OGOGO'S SALES LEDGER LEDGER CONTROL ACCOUNT

\begin{aligned} & \text{D} && \text{D} \end{aligned}

\begin{array}{llll} \text{Balance b/d} & 25,180 & \text{Discount allowed} & 1,936 \end{array}

\text{Sales} \quad 43,220 \quad \text{Sales returns} \quad 1,884

\begin{array}{llll}\text{Dishonored cheque} & 542 & \text{Cash received from customers} & xxx\end{array}

\text{Balance cd 5,122}

\overline{68,942} \quad \overline{68,942}

Net sales is

D41,878
D41,336
D41,284
d39,400

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