\(\begin{array}{c|c} July & 1 & \text{cash in han...
Use the following information to answer the question
\(\begin{array}{c|c} July & 1 & \text{cash in hand, N420, Cash at Bank} & N6,500 \\ & 2 & \text{Paid Asaolu T. by cheque} & N1,500 \\ & 5 & \text{Paid transport by cash} & N42 \\ & 9 & \text{Received cheque from Olawoyin} & N3,600 \\ & 15 & \text{Cash sales to date} & N1,800 \\ & 17 & \text{Paid Haruna by cheque} & N1,200 \\ & 19 & \text{Paid Umana by cash} & N100 \\ & 31 & \text{Paid wages by cash} & N1,500 \end{array}\)
The cash at bank on 31st July is
N10,100
N8,900
N7,400
N5,900
Correct answer is C
No explanation has been provided for this answer.
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...
Dairo and Segun are in partnership sharing profits and losses in the ratio 2:3 respec...
Using the reducing balance method, the depreciation charged for year 2002 was Use the following...
Given: Fixed assets Liabilities Current assets ₦ 55,000 20...
Which of the following errors affects the trial balance? ...
\(\begin{array}{c|c} & \text{N} \\ \hline \text{Debtors opening} & 4000 \\ \hline \text{De...
PQ Manufacturing Company Raw materials (1/11/2001)...........N3 500 Raw materials (31/12/2001).....
A partners whose liability goes beyond his capital is known as ...
\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{...