Creditors at start was N940 and purchases for the year wa...
Creditors at start was N940 and purchases for the year was N4,060. During the year, cash paid to creditors was N3,890. N490 was received as discount. What is the creditors amount in the balance sheet?
N450
N620
N660
N1,110
N1,430
Correct answer is B
No explanation has been provided for this answer.
The total share capital which a company would be allowed to issue is known as ...
Recurrent expenditure of a local government include ...
In a bank reconciliation statement, Dishonoured cheques is added to ...
Calls in advance are treated in the balance sheet as ...
The cost price method is applicable when_____ ...
An example of appropriation of profit in a company is ...
\(\begin{array}{c|c} & ₦ \\ \hline \text{Opening balance} & 1,894 Dr \\ \text{Cheques rece...
Which of the following affects the accuracy and authenticity of the trial balance? ...
Adama's bank account showed an overdraft of N600 on 31st march. On going through the account, it...