Cima C02 Exam Question No 11

Question No 11:

 The entries in a sales ledger control account are:
Sales                                                        $250,000
Bank                                                        $225,000
Sales returns                                            $2,500
Bad debts (irrecoverable debts?)           $3,000
Returned unpaid cheque $3,500
Contra with purchase ledger account    $4,000

What is the balance on the sales ledger control account?

A. $12,000
B. $19,000
C. $25,000
D. $27,000

Answer: B