The balance of the sales ledger control account represents
-
A.
total sales -
B.
total credit sales -
C.
total creditors -
D.
total debtors
Correct Answer: Option D
Explanation
It represents the total of all credit sales. Also known as trade debtors.
You May Also Like
Which of these best accounts for the decline in railway transport in Nigeria in the…
Which of these best accounts for the decline in railway transport in Nigeria in the last two decades?…
Some white balls put in a basket containing twelve red balls and sixteen black balls….
Some white balls put in a basket containing twelve red balls and sixteen black balls. If the probability…
Choose the option nearest in meaning to the word underlined word. He holds on firmly…
Choose the option nearest in meaning to the word underlined word. He holds on firmly to his hackneyed…
Samuel Mpetechula was able to graduate fro Chancellor because
  The Save the Children Fund (SCF) was first started in London on 19th May, 1919 by an…
Which of the following financial assets consist the lowest rate of interest in Nigeria?
Which of the following financial assets consist the lowest rate of interest in Nigeria? A. commercial bills B.…