In a three-column cash book,the discount allowed is shown...
In a three-column cash book,the discount allowed is shown on the?
Debit side
Credit side
Folio column
Memorandum column
Correct answer is A
No explanation has been provided for this answer.
\(\begin{array}{c|c} \text{Rent receivable accrued 1/01/2005} & D3,000\\ \text{Rent received dur...
Which of the following is debited to partner's current account? ...
A company advertised and issued 750,000, 12% preference shares of N1 each to be issued ₦1.50 ...
\(\begin{array}{c|c} & N \\ \hline Sales & 200,000 \\ \text{Opening Stock} & 20,000 \\ p...
The process of bookkeeping includes records produced from? ...
"A business unit is assumed to operate into foreseeable future and earn reasonable net income&q...
Motor Vehicle Account as at 31st December 2001. Debit: Jan. 1, cost ................N1950 000 Dec...