The purpose of a trading account is to ascertain
...The purpose of a trading account is to ascertain
Sales
Gross profit or loss
Net profit or loss
Carriage outwarrds
Appropriated profit
Correct answer is B
No explanation has been provided for this answer.
\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\ &a...
Opening capital ---10,800 Drawings----------- 2,500 Trade creditors ----2,560 Trade debtors -----...
The sales ledger control account is also referred to as ...
The double entry for refund of unsuccessful application monies is debit ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hline...
CR. DR. Sales ledger balance 9, 500 Sales ledger balance 420 Bought ledgers balance 6, 115&...