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JAMB Accounting 2014 Objective — Question 27

Question 27 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2014 Objective paper, with the correct answer and a full explanation.

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The value of the sales ledger control account is derived from the summation of

  • A. the total debtor's accountCorrect
  • B. the total creditors account
  • C. all day books
  • D. both the debtors' and creditors' accounts

Explanation

Sales ledger control account is the same as total debtors' control account.

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