The adjusted cash book balance is?
Use the following information to answer the given question ₦ Balance as per cash book 18,000 Dishonored cheques 1,200 Bank charged 300 Unpresented cheques 2,400 A. ₦18,900 B. ₦18,000 C. ₦17,700 D. ₦16,500 Correct Answer: Option D D....
Which of the following is not a source document, it is?
A. cheque stub B. cash receipt C. cash receipt D. cash book Correct Answer: Option A A. cheque stubWhich of the following items is found in the credit column of the trial balance?
A. provision for doubtful debts B. bad debts written off C. carriage inwards D. carriage outwards Correct Answer: Option A A. provision for doubtful debts
Debtors value as at 1st January 2000 was N40,000. Bad debts written off during the year was N5,000 provision for bad debt was 5%. The amount debited to profit and loss account as provision for the year was?
A. N5,000 B. N2,250 C. N2,000 D. N1,750 Correct Answer: Option D D. N1,750Products
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