Accounts > 2010 > 25
WASSCE
Use the following information to answer this question.
| ₦ | |
| Opening stock of raw materials | 24 750 |
| Purchase of raw materials | 123 640 |
| Carriage on raw materials | 10 000 |
| Closing stock of raw materials | 45 000 |
| Factory supervisor's salary | 30 000 |
| Wages of factory hands | 50 000 |
| Royalties paid | 18 000 |
| Insurance of factory | 62 000 |
| Work-in-progress (opening) | 23 000 |
| Raw material returned | 12 200 |
Bad debts written off is shown as
A.
debt in the sales ledger
B.
debt in the purchases ledger
C.
credit in the sales ledger
D.
credit in the purchase ledger
Answer: C
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