Use the information to answer the given question
\...
Use the information to answer the given question
DrCrNNCrJan 5 Hassan3,080Jan 1Balance b/s7,090Jan 24 malik1,200Jan 9Dauda1,400Jan 29 Rasaq1,240Jan 31Hussein630Jan 31 Lukman1,060Jan. 31 Balance c/d2,540¯9,120¯9,120Feb 1Balance b/d¯2,540
Bank statement:
DrCrBalanceNNNJan 1 Balance b/d7,090O/DJan 5 Hassan3,0804,010O/DJan 9 Dauda1,4005,410O/DJan 24 malik1,2004,210O/DJan 29 Rasaq1,2402,970O/DJan 30 Standing order7703,740O/DJan 31 Bank charges4904,230O/D
Unpresented cheque(s) totalled
Adjusted Cash Book balance is
N3,800 O/D
N3,310 O/D
N3,030 O/D
N2,540 O/D
Correct answer is A
No explanation has been provided for this answer.
An advantage of FIFO method of stock valuation is that ...
Years Current Assets Liabilities Fixed Assets Capital ...
Which of the following brings a company into legal existence? ...
When a business is purchased, the double entries required in the purchaser's book are debit, ...
The sales day Book is used to record ...
Cash purchase - D29,641 Creditors 1/1/14 - D2,473 Creditors 31/12/14 - D3,117 Cash paid to credit...
Verifiability in accounting is only possible when there are ...