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O-LevelAccountingVerification of accounting records7707/11 · May/June 2012 · Q201 Mark

What does a debit balance on a sales ledger control account represent?

Aamount owed by customers
Bamount owed to customers
Ctotal credit sales
Dtotal sales

✓ Correct answer

A: amount owed by customers

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About this question

Topic
Verification of accounting records, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2012 Paper 1 Variant 1, question 20.

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