Mr. B sod goods worth N200 on credit to Mr. C. Mr. B shou...
Mr. B sod goods worth N200 on credit to Mr. C. Mr. B should debit this to
Profit and loss account
Manufacturing account
Sales account
Mr. C's account
Mr. B's account
Correct answer is D
No explanation has been provided for this answer.
A partner who only make capital contribution but does not take part in the management of the pa...
Trade debts amounting to N300 were written off. Which of the following would be affected? ...
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...
\(\begin{array}{c|c} & \text{Dr GH¢} & \text{Cr GH¢} \\ \hline Advertising & 3...
The use of the folio in the ledger is for ...