Determine how much to be charged to profit and loss account?

By: |Published on: Dec 7|Categories: Accounting JAMB| 0 comments

Given:

General expenses account.
Paid by cheque………………N671
Paid by cash………………..N70
Accrued b/f…………………N65
Accrued c/f…………………N115

 

A. N606
B. N786
C. N791
D. N856

Correct Answer:

Option C – N791

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