JAMB Accounting 2012 Objective — Question 23

Question 23 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2012 Objective paper, with the correct answer and a full explanation.

In sales ledger control account, returns inwards is usually

A. debited and debtors creditedCorrect
B. credited and sales returns debited
C. debited and cash credited
D. credited and bank credited

Explanation

In sales ledger control account, returns inwards is usually debited and debtors credited.

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