Which of the following items could appear on the credit side of a receivables ledger control account? 1 Cash received from customers 2 Irrecoverable debts written off 3 Increase in allowance for receivables 4 Discounts allowed5 Sales6 Credits for goods returned by customers7 Cash refunds to customers
A、1, 2, 4 and 6
B、1,2, 4 and 7
C、3, 4, 5 and 6
D、5 and 7
A、1, 2, 4 and 6
B、1,2, 4 and 7
C、3, 4, 5 and 6
D、5 and 7
【参考答案及解析】
Sales and refunds are posted on the debit side, changes in the allowance for receivables do notappear in the control account.
Sales and refunds are posted on the debit side, changes in the allowance for receivables do notappear in the control account.