Total sales of ticket.......................N300 000 Amount received from the sales..............N260 000 Cash purchase of club house.................N100 000 Credit purchase of…
Total sales of ticket.......................N300 000 Amount received from the sales..............N260 000 Cash purchase of club house.................N100 000 Credit purchase of…
A. suspense account B. statement of affairs C. realization account D. trial balance Correct Answer: Option B - statement of…
A company has departments M and N. The expenses incurred wholly in M is N5000. General expenses incurred amount toN25000.…
...........PQ Manufacturing Company Raw materials (1/11/2001)...........N3 500 Raw materials (31/12/2001)..........N4 900 Purchase of raw materials...........N56 000 Salary .............................N63 000 Wages...............................N148…
...........PQ Manufacturing Company Raw materials (1/11/2001)...........N3 500 Raw materials (31/12/2001)..........N4 900 Purchase of raw materials...........N56 000 Salary .............................N63 000 Wages...............................N148…
During the year ended 31st December 2001, Nuju Enterprises paid rent as follows: Jan. 20, N24 000 for a period…
Given: ..............Rich Social Club........... Cash.........................N100,000 Loan ........................N30,000 Subscription in arrears......N5,000 Subscription in advance......N15,000 A. N60,000 B. N80,000 C. N90,000 D.…
A company has two departments X and Y. Y transferred goods to X at a profit margin of 25%. N10,000…
A. cash B. cheques C. debtors D. stocks Correct Answer: Option C - debtors