Mr. B sod goods worth N200 on credit to Mr. C. The credit sales should be entered into

Assessment: WAEC SSCE - Financial Accounting - 1996 (Objective) Subject: Financial Accounting

Question 1 Report

Mr. B sod goods worth N200 on credit to Mr. C. The credit sales should be entered into
Answer Details
The credit sales made by Mr. B to Mr. C should be entered into the Sales Day Book. The Sales Day Book is a subsidiary book used to record credit sales made by the business. It contains information such as the date of sale, the name of the customer, the amount of the sale, and any applicable taxes. The Sales Day Book is an important record for a business to keep track of its credit sales, as it provides a summary of all sales made on credit during a particular period.

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