Question 26
Control AccountsDebtors at start was ₦5,620 and at close ₦3,460. Cash and cheques received from customers amounted to ₦16,330. Credit sales for the year valued
- A.₦3,460
- B.₦5,620
- C.₦14,170
- D.₦16,330
- E.₦18,490.
Show the answer and explanation
Answer: C (₦14,170)
Explanation
16,330 + 3,460 − 5,620 = ₦14,170.