Question on: WAEC Accounting - 2011
Use the following information to answer the given question.
OGOGO'S SALES LEDGER LEDGER CONTROL ACCOUNT
\(\begin{array}{c|c} & D & & D \ \text{Balance b/d} & 25,180 & \text{Discount allowed} & 1,936 \ \text{Sales} & 43,220 & \text{Sales returns} & 1,884\ \text{Dishonored cheque} & 542 & \text{Cash received from customers} & xxx \ & & \text{Balance c\d} & 5,122 \ & \overline{68,942} & & \overline{68,942} \end{array}\)
Net sales is
OGOGO'S SALES LEDGER LEDGER CONTROL ACCOUNT
\(\begin{array}{c|c} & D & & D \ \text{Balance b/d} & 25,180 & \text{Discount allowed} & 1,936 \ \text{Sales} & 43,220 & \text{Sales returns} & 1,884\ \text{Dishonored cheque} & 542 & \text{Cash received from customers} & xxx \ & & \text{Balance c\d} & 5,122 \ & \overline{68,942} & & \overline{68,942} \end{array}\)
Net sales is
A
D41,878
B
D41,336
C
D41,284
D
d39,400
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Correct Option: B
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