Capital..............................N60,000
Bank....
Use the information below to answer question
Capital..............................N60,000
Bank.................................N12,500
General expenses................N5,250
Creditors...........................N17,000
Stock.................................N98,500
Fixed assets......................N42,000
Insurance and rates...........N18,800
Purchase...........................N63,850
What is the cash balance on the debit side if it is the only item omitted?
N6745
N6754
N6475
N6574
Correct answer is C
No explanation has been provided for this answer.
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The correct expression of accounting equation is ...
The balance of the sales ledger control account represents ...
A manufacturing account is drawn up by ...
Given: ........Jan. 2003.........Dec. 2003 Provision for bad debt........N1000 Debtors........