Use the following information to answer the question below Sales ledger balances 01/06/12------ 9,000 30/06/12------------------------------------30,000 Total for the month: Cash sales----- 10,000 Returns inwards --------------------------3,000 Cheque dishonoured-------------------- 4,000 The credit sales for the month is?
A. 36,000 B. 31,000 C. 20,000 D. 30,000
Correct Answer: C
Explanation
Sales ledger control account
Bal b/f 9,000Dishonored cheque 4,000credit sales 20,000 33,000
