Waec Model Questions Vol1 2017 Financial Accounting Question 45
Practice objective / multiple choice question 45 from the 2017 Waec Model Questions Vol1 Financial Accounting examination.
The Purchases Returns Control Account shows an opening credit balance of ₦8,000. During the year the control account records a closing credit balance of ₦20,000. The total of all individual supplier returns recorded in the Purchases Returns Ledger amounts to ₦21,500. Assuming only one transaction was omitted from the control account, determine the amount of the omitted return.
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About This Question
This is Waec Model Questions Vol1 2017 Financial Accounting Question 45. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Financial Accounting examination.
Difficulty level: Medium .
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