JAMB Accounting 2023 Objective — Question 11
Question 11 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2023 Objective paper, with the correct answer and a full explanation.
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Which of the details given was not necessary?
- A. Discount allowed
- B. carried out ward
- C. cash salesCorrect
- D. cash receipt
Explanation
Cash sales is not needed in this information because it will not be required to prepare the total debtor control account. (Use the following information to answer question 12-14: Prime -; Factory overhead 70,000; Opening working progress 10,000; Closing working progress 6,000. Goods are transferred to store @ 20% mark up.)
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