Accounts (Principles of Accounts)Control accountsJAMB

Opening debtors ₦60,000; credit sales ₦300,000; cash received from debtors ₦250,000; discounts allowed ₦5,000; returns inwards ₦8,000; bad debts written off ₦2,000. The closing debtors balance is

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.