Tunde purchased goods from Femi by cash worth N1000 with 10% cash discount. Tunde’s ledger…

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Accounts - Principles of Accounts JAMB 2006

Tunde purchased goods from Femi by cash worth N1000 with 10% cash discount. Tunde’s ledger control account is to be?

  • deited by N100 checkmark
  • credited by N100
  • credited by N1000
  • deited by N1000

The correct answer is: A

Explanation

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