JAMB Accounting 2023 Objective — Question 10

Question 10 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2023 Objective paper, with the correct answer and a full explanation.

What is the balance at the end of the month? A.

• A. #8,000
• B. #16,500
• C. #5,700
• D. #8,700Correct

Explanation

Total Debtors Control Account: Balance b/d 500 + Credit sales 16,000 = 16,500. Less Discount allowed 100, Carriage outward 200 = Balance c/d 8,700.

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