Place a tick in one of the following grids to identify which of the four alternatives is
Question:
Place a tick in one of the following grids to identify which of the four alternatives is the correct analysis of the side in which the items listed below will appear in a Trade receivables control account.
(i) Cash sales
(ii) Credit sales
(iii) Discount allowed
(iv) Carriage inwards
(v) Reversal of discount allowed
(vi) Receipts from credit customers
(vii) Allowance for doubtful debts
(viii) Recovery of bad debt previously written off
(ix) Offset by contra
(x) Return inwards
(xi) Return outwards
(xii) Bad debt written off
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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