JAMB Accounting 2023 Objective — Question 9

Question 9 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2023 Objective paper, with the correct answer and a full explanation.

(Use the following information to answer question 9-11: The following details relate to January activities of Hafeez Ltd. Balance 500; Cash Receipt 7,500; Credit Sales 16,000; Cash Sales 8,000; Discount Allowed 100; Carriage outward 200; Balance ?.) The information above can be used to prepare a A.

A. Total Creditors Control Account
B. Cash Book
C. Trial Balance
D. Total debtors control accountCorrect

Explanation

The information above is only related to information that is used to prepare Total Debtors control account because it relates sales.

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