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JAMB Accounting 2011 Objective — Question 17

Question 17 of 49 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2011 Objective paper, with the correct answer and a full explanation.

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The item on the credit side of the trading account is the

  • A. returns outwards
  • B. carriage on sales
  • C. salesCorrect
  • D. purchases

Explanation

Sales appear on the credit side of the trading account.

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