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A-LevelAccountingReconciliation and verification9706/12 · May/June 2023 · Q101 Mark

A company has obtained the following information for the year ended 31 December. $ opening balance on sales ledger control account 31000 closing balance on sales ledger control account 35000 discount allowed 2300 credit sales 125400 What was the amount received from credit customers?

A$119 100
B$123700
C$127 100
D$131700

✓ Correct answer

A: $119 100

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About this question

Topic
Reconciliation and verification, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, May/June 2023 Paper 1 Variant 2, question 10.

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