Use the following information to answer the given questio...
Use the following information to answer the given question
N10,000 ordinary shares of N1 eachN10,0005,000 5% preference shares of N1 eachN5,000Profit and loss accountN8,0008% debenture10,000creditors3,000Bank overdraft2,000Plants and machinery10,000Plant and machinery10,000Furniture and fittings8,000stock8,000debtors5,000
What is the amount share capital?
N33,000
N25,000
N23,000
N15,000
N10,000
Correct answer is D
No explanation has been provided for this answer.
An allowance given to a customer by a supplier for prompt payment is ...
In order to make the cash book balance equal to the bank statement, it is usually to add? ...
Gross profit b/d Less: Salaries and wages ...
Which of these accounts is dissolution expenses credited? ...
Kadiri paid his debt to Suleman by cheque. The accounting entries in Kadiri s books are: debit ...
Use the following information to answer the given question: \(\begin{array}{c|c} & N \\ \hl...
The Assets and liabilities of Udo Co.ltd. as at 31st December, 2000. Creditors N50,000 Debtors N...
MPOBA Club's annual donations from members amount to 112% of its internally generated revenue fr...