Statement of assets and liabilities as at 31st December, 2001. Shareholders' interest N240 Current liabilities N20 Current assets N110 Fixed…
A. debit cash book and credit suspense account B. debit cash book and credit drawer C. credit cash book and…
The Assets and liabilities of Udo Co.ltd. as at 31st December, 2000. Creditors N50,000 Debtors N46,000 Loan N100,000 Stock N20,000…
The Assets and liabilities of Udo Co.ltd. as at 31st December, 2000. Creditors N50,000 Debtors N46,000 Loan N100,000 Stock N20,000…
NAFARA AND SONS Balance Sheet items as at 31st December, 1987. Capital N74480 Creditors N15875 Prepaid expenses N580 Motor vehicles…
(i) Fixtures account (ii) Machinery account (iii) Wages accounts (iv) Rent account. A. iii and iv B. i and ii…
A. all cash taking are banked B. the cash book is correct C. there are no overdrafts D. there are…
In a petty cash book the imprest is N1380. Expenses: Stationery N350 Cleaning material N335 General expenses N265 A. N950…
A. balance sheet B. provision for bad debt account C. profit and loss account D. trading account Correct Answer: Option…
Given: Stock (1/4/94) N800 Purchases of flour N2450 Sales N4745 Wages of bakery staff N675 Carriage outwards N50 Salary of…