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Credit sales can be ascertained as the b...

Credit sales can be ascertained as the balancing figure in the …………… Account.

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Total debtors
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Knowledge Check

  • Credit sales is ascertained by preparing

    A
    Total Debtors Account
    B
    Total Creditors Account.
    C
    Cash Account
    D
    None of these.

  • Credit purchases is ascertained by preparing

    A
    Total Debtors Account
    B
    Total Creditors Account.
    C
    Cash Account
    D
    None of these .

  • Given the opening and closing balances of debtors and the figure of credit sales, the balancing figure of Total Debtors Account will give

    A
    Bills received during the year.
    B
    Cash received from debtors.
    C
    Closing balance of bill receivable.
    D
    None of these.

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    Sales Account is a

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