Waec Model Questions Vol1 2019 Financial Accounting Question 9
Practice objective / multiple choice question 9 from the 2019 Waec Model Questions Vol1 Financial Accounting examination.
The Trade Receivables Control Account of ABC Ltd. opened with a debit balance of ₦62,000. During the month the following transactions were recorded: • Credit sales: ₦150,000 • Cash receipts from debtors: ₦110,000 • Sales returns: ₦8,000 • Bad debts written off: ₦4,500 • Provision for doubtful debts increased by: ₦2,200 What is the closing debit balance of the Trade Receivables Control Account at month‑end? Express your answer in naira.
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About This Question
This is Waec Model Questions Vol1 2019 Financial Accounting Question 9. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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