Paper 1 October/November 2018 Accounting (9706/11) A Level
A business is preparing a sales ledger control account.
Which statements are correct?
1 All sales are debited to the sales ledger control account.
2 Contra entries are credited to the sales ledger control account.
3 Discounts allowed are credited to the sales ledger control account.
4 The allowance for irrecoverable debts is credited to the sales ledger control account.