WAEC Accounting 2010 Paper

Concept:The general ledger is the principal book where summary accounts such as the sales account are kept.Explanation:The sales account is a nominal account, and it is maintained in the general ledger.At the end of an accounting period, the total sales figure from the sales day book is posted to the sales account in the general ledger.This sales account shows the total revenue generated from sales of goods during the period.Details such as the date of sale, invoice number, and customer name are recorded in the sales ledger, not in the general ledger.Therefore, among the options given, the sales account is the account found in the general ledger.Answer:Option B: sales accounts.