Use the following information to answer the giv... - WAEC Accounting 1990 Question
Use the following information to answer the given question: SALES LEDGER CONTROL ACCOUNTS
\(\begin{array}{c|c} & N & & N \ \hline \text{Balance b/d} & ? & \text{Discount allowed} & 968 \ \text{sales} & 21,610 & \text{Sales returns} & 942 \ \text{Acceptance dishonoured} & 542 & \text{cash received from customers} & ? \ & & \text{Balance c/d} & 13,740 \ \text{Total} & 34,743 & \text{Total} & 34,742
\end{array}\)
What is the net sales for the year?
\(\begin{array}{c|c} & N & & N \ \hline \text{Balance b/d} & ? & \text{Discount allowed} & 968 \ \text{sales} & 21,610 & \text{Sales returns} & 942 \ \text{Acceptance dishonoured} & 542 & \text{cash received from customers} & ? \ & & \text{Balance c/d} & 13,740 \ \text{Total} & 34,743 & \text{Total} & 34,742
\end{array}\)
What is the net sales for the year?
A
N21,610
B
N21,068
C
N20,668
D
N20,642
correct option: c
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