Subscription.....................N5420
Canopy rent...
Subscription.....................N5420
Canopy rent......................N400
Wages............................N1100
Post-ages........................N300
loss from bar....................N160
Purchases of new furniture.......N120
Premises.........................N4000
Furniture at the beginning.......N1120
What is the cash balance in the receipts and payments account?
N2,520
N2,600
N3,000
N120
No option
Correct answer is E
No explanation has been provided for this answer.
Given: Opening capital - #50,000 Closing capital - #64,000 Drawings - #16,000 Determine the ne...
Receipts and Payment Account (Extract) &nbs...
A bond acknowledging a loan to a company under the company's seal, bearing a fixed rate of inter...
When a fixed asset is fully depreciated, its net book value is ...
The value of goods sent to a branch is debited to the ...
The amount for which a business is sold is that ...
The term 'posting' in Accounting refers to ...
Sulah took two textile materials worth N500 from his business for his children's use. This would...