A. N53 000 B. N63 000 C. N73 000 D. N83 000 Correct Answer: Option D - N83 000
Credit purchases are always put at 150% of the total cash paid to suppliers A. N13 500 B. N15 500…
Credit purchases are always put at 150% of the total cash paid to suppliers. A. N6 900 B. N6400 C.…
Date.............Details........................ Feb........1 Purchased 400 units at N1.00 each ,, ........5 Purchased 200 units at N2.00 each ,,.........10 Purchased 200 units…
Date.............Details........................ Feb........1 Purchased 400 units at N1.00 each ,, ........5 Purchased 200 units at N2.00 each ,,.........10 Purchased 200 units…
Capital..................N............N........ Land and building.......18470........24000.... Mortgage on premises...................11090... Drawings...............3000................... Profit and loss........................3600... Furniture and fittings...5120................. Motor Vehicles...........3462................ Closing Stock............3000................ Debtors..................11474............... Creditors..............................7354.…
Capital..................N............N........ Land and building.......18470........24000.... Mortgage on premises...................11090... Drawings...............3000................... Profit and loss........................3600... Furniture and fittings...5120................. Motor Vehicles...........3462................ Closing Stock............3000................ Debtors..................11474............... Creditors..............................7354.…
..............ZEBRA PLC.............. .............Balance sheet as at 31st March, 2002 ...............N...............N............N...... Capital......100,000...Fixed assets: Current................Land &.................. Liabilities...........buildings..50,000...... Creditors........30000..Furniture..10,000....60,000 .......................Current.................. .......................Assets: ....... ..................Stock…
..............ZEBRA PLC.............. .............Balance sheet as at 31st March, 2002 ...............N...............N............N...... Capital......100,000......Fixed assets: Current................Land &.................. Liabilities...........buildings.....50,000...... Creditors........30000.....Furniture..10,000....60,000 .......................Current.................. .......................Assets: ....... ..................Stock…
Capital ...................N2000 Bank ......................N1200 Purchase ..................N2500 Sales .....................N6700 Stock .....................N1300 Creditors .................N1000 Fixed assets...............N3700 Drawings ..................N? Drawings are always estimated…