NECO Book Keeping 2015 Objective — Question 26
Question 26 of 40 from the National Examinations Council (NECO) Book Keeping 2015 Objective paper, with the correct answer and a full explanation.
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The balance carried down at the end of the year is
- A. #11,840
- B. #12,740
- C. #13,040
- D. #10,240Correct
Explanation
Balancing the total creditors control account (Balance b/d and Purchases on the credit side against Cash, Discount received, Returns and the balancing figure on the debit side) gives a balance c/d matching option D.
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