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  9. Q27
Question 27

The balance of the sales account is transferred to the trading account by

  • A.debiying the profit and loss account
  • B.debiting the trading account
  • C.debiting the sales account
  • D.crediting the profit and loss account
  • E.crediting the sales account
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1990
Question no.
#27
Type
Objective
Previous · Q26Commission received is entered on the Next · Q28 What are the entries of posting credit purchases into the purchases ledger…

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