Use the information to answer the given question.
...
Use the information to answer the given question.
RECEIPTS AND PAYMENTS ACCOUNT: NNBalance - 1st January2002200Bar supplies2,850subscriptions received:wages35020023,600General expenses4002003250Printing expenses120Receipts from Bar4,500Equipment200receipts from dance500Repairs200Sundry receipts400Balance - 31st December4,880¯9,450
ADDITIONAL INFORMATION:
1/01/0231/12/12NNEquipment4,5005,150Stock - Bar1,2003,200Bar supplies2,4005,600
Amount owing to Bar creditors is
N8,450
N6,050
N5,600
N2,850
Correct answer is B
No explanation has been provided for this answer.
Which of the following is debited to partner's current account? ...
The internal users of accounting information are the ...
The documents that provide instant information to firms on their tranactions with banks are ...
Which of the following is true of trade discounts? ...
Which of the following documents set out the internal regulations of a partnership? ...
Use the following to answer the given question \(\begin{array}{c|c} & N \\ \hline sales &am...