The purchases ledger control account showed a credit bala...
The purchases ledger control account showed a credit balance of N525 000 on April 30, 2006.
This amount shows?
What the debtor of a business enterprise owed the business
The total amount which each debtor owed the business
What a business enterprise owed its creditors
The amount which a business enterprise owed creditor
Correct answer is C
No explanation has been provided for this answer.
The income and expenditure account differs from receipts and payments account because it ...
Osa started business with Le 40,000 cash. The accounting entry is debit ...
When forming a partnership, new partners should record non-monetary assets on the new partnership...
Use the information below to answer the question. Total P Q ...
keeping records under the single entry system has the advantage of ...
Which of the following is not a subsidiary book? ...
Which of the following is not credited to debtors control account? ...