NECO Accounting 2007 Objective — Question 36
Question 36 of 60 from the National Examinations Council (NECO) Accounting 2007 Objective paper, with the correct answer and a full explanation.
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The statement prepared by a consignee and sent to a consignor is
- A. account payable
- B. account salesCorrect
- C. cash account
Explanation
An 'account sales' is the statement prepared by a consignee and sent to the consignor, detailing sales made and commission due.
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