A. small and repetitive cash disbursement B. purchase and sale of fixed assets on credit C. writing off bad debts…
A. trade discount B. discount received C. cash discount D. cash rebate Correct Answer: Option C C. cash discount
A. current assets B. current liabilities C. debit and credit balances D. debtors and creditors Correct Answer: Option C C.…
Use the following information to answer the given question D Rent accrued 1st January, 2005 600 Rent paid in 2005…
Use the following information to answer the given question D Rent accrued 1st January, 2005 600 Rent paid in 2005…
A. compare the results of different departments B. employ staff into different departments C. reward departmental managers D. obtain information…
A. sales day book B. cash book C. general journal D. purchases journal Correct Answer: Option C C. general journal
A. goods sent to branch account B. branch stock account C. branch stock adjustment account D. head office current account…
A. i and ii only B. i and iii only C. ii and iii only D. iii and iv only…
A. cash discount B. trade discount C. discount on debt D. discount on bills Correct Answer: Option B B. trade…