Given: Sales Ledger Control Account (Extracts) Balance b/f N10,600 Total cash payments by debtors N32,275…

Given:
Sales Ledger Control Account (Extracts)
Balance b/f N10,600
Total cash payments by debtors N32,275
Total credit sales N59,193
Discount received N9,700
Balance c/f N20,751
Discount allowed N2,890
Determine the sales returns?
  • A.
    N24,577
  • B.
    N13,877
  • C.
    N7,067
  • D.
    N2,890
Correct Answer: Option B
Explanation
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