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NECO Accounting 2025 Objective — Question 36

Question 36 of 60 from the National Examinations Council (NECO) Accounting 2025 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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