Use the following information to answer the given question: SALES LEDGER CONTROL ACCOUNT
(begin{array}{c|c} 1986 & & N & 1986 & & N \ hline Jan. 1 & text{Balance b/d} & 1,300 & Jan.1 & text{Balance b/d} & 86 \ 31 & sales & 7,630 & & bank & 6,555 \ & text{dishonoured cheques} & 250 & & discount& 345 \ & text{stopped cheques} & 100 & & returns & 130 \ & text{balance c/d} & 92 & & text{Purchases ledger} & 360 \ & & & & text{balance c/d} & 1,896 \ & & 9,372 & & & 9,372 \ Feb. 1 & text{balance b/d} & 1,896 & Feb.1 & text{balance b/d} & 92 end{array})
The amount of N7,630 represents
(begin{array}{c|c} 1986 & & N & 1986 & & N \ hline Jan. 1 & text{Balance b/d} & 1,300 & Jan.1 & text{Balance b/d} & 86 \ 31 & sales & 7,630 & & bank & 6,555 \ & text{dishonoured cheques} & 250 & & discount& 345 \ & text{stopped cheques} & 100 & & returns & 130 \ & text{balance c/d} & 92 & & text{Purchases ledger} & 360 \ & & & & text{balance c/d} & 1,896 \ & & 9,372 & & & 9,372 \ Feb. 1 & text{balance b/d} & 1,896 & Feb.1 & text{balance b/d} & 92 end{array})
The amount of N7,630 represents
-
A.
total credit sales -
B.
total of all the debtors of the firm -
C.
the total sales for the month -
D.
cash sales only -
E.
the double entry for the total of the sales account