Sales Ledger Control Accuont (Extract) ₦ ₦ Bal. b/d 18,400 Bad debt written off 1,500 Sales ? Discount allowed 500 Cheque received from debtors 25,000 Cash ...

Question 1 Report

Sales Ledger Control Accuont (Extract)
   
Bal. b/d 18,400 Bad debt written off 1,500
Sales ? Discount allowed 500
    Cheque received from debtors 25,000
    Cash received from debtors 10,000
    Bal. c/d ?
       

If the discount allowed is 2.5% of sales, calculate the closing balance in the sales ledger account

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