Gce Model Questions Vol1 2025 Financial Accounting Question 47
Practice objective / multiple choice question 47 from the 2025 Gce Model Questions Vol1 Financial Accounting examination.
The Purchases Returns Control Account shows a closing credit balance of ₦8,500. The subsidiary ledger of suppliers lists outstanding credit balances of ₦2,300, ₦1,700 and ₦3,200 respectively. Determine the amount of an unrecorded purchase return that must be posted to the control account to reconcile it.
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About This Question
This is Gce Model Questions Vol1 2025 Financial Accounting Question 47. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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