Calculate the balance as per bank statement at the end of the year?

Cash discount is often recorded on?

A. the debit side of the cash book B. the credit side of the cash book C. the folio column of the cash book D. both credit and debit side of the cash book Correct Answer: Option D – both credit and debit side of the cash book Explanation A cash discount is a...
Calculate the balance as per bank statement at the end of the year?

Find the fixed assets?

Use the information to answer the question below i Operating machines ii Furniture iii Fixtures and fitting iv Loan from friends V Creditors   A. i, ii and v B. i, ii and iv C. i, ii and iii D. iii, iv and v Correct Answer: Option C – i, ii and iii...

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