Given:
Determine the balance
&nb...
Given:
Determine the balance
415,000 debit
215,000 credit
215,000 debit
315,000
Correct answer is C
Income = 210,000 + 80,000 + 60,000 = 350,000
Expenditure = 20,000 + 15,000 +40,000 10,000 + 50,000 = 135,000
350,000 - 135,000 = 215,000 Debit balance (income)
Cash received from the subscribed shares is recorded by debting? ...
On Jan. 30 Khalifa withdraw N2500 from the bank for office use. The cash balance at end of the mo...
Branch stock account is used to determine the ...
An event that will not require a change in the profit-sharing ratio of partners in a firm is wh...
The book value per share is obtained by dividing? ...
Maimalari Ltd had (i) Earning per share 47k (ii) Dividend per share 30k (iii) Par value of e...
An expenses account is closed by a debit to ...
When goods are purchased on account, the accounting entries are ...