Use the following information to answer the given questio...
Use the following information to answer the given question
\(\begin{array}{c|c} & Le \\ \hline \text{Cash in hand} & 15,000\\ \text{Balances as at 1st January, 2005:} & \\ \text{Subscriptions in arrears} & 6,000\\ \text{Subscription in advance} & 2,500\\ \text{Subscriptions received} & 18,000\\ \text{Expense for the year} & 6,500\\ \text{Balances as at 31st December, 2005:} & \\ \text{Subscriptions in arrears} & 3,000 \\ \text{Subscriptions in advance} & 1,500\end{array}\)
Accumulated fund at the beginning of the year was
Le 23,500
Le 18,500
Le 11,500
Le 13,000
Correct answer is B
No explanation has been provided for this answer.
1. Cash sales 11. Cash purchases 111. Cash discount allowed 1V. Cash payment V. Cash receipts ...
What is the subscription to be charged to income and expenditure account? ...
i. cash at bank ii. cash in hand iii. premises iv. land ...
(i) Meet growth and diversification need. (ii) Reach out to particular customers or markets ...
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
The production cost of a manufacturing firm is made up of ...