Which of these is a content of a master file?
...Which of these is a content of a master file?
All records relevant to the organisation
Records of assets of the organisation
A collection of data items
All records relating to employees
Correct answer is A
All record relevant to the organization: the records which are only relevant to the organization such as the name and address as well as summary information such as amount due and year to date sales will be in master file
Purchasers - #44,880 Sales - #85,850 Trade creditors - #12,250 Trade debtors - #24,000 Accrued e...
Prepayment is treated in the balance sheet of firm as a ...
The maximum amount which a company can raise by way of selling share is ...
Books of original entry are used for ...
Which of these will not appear in the preparation of control account? I. Bad debts II. Discounts ...
Provision for discount on debtor on debtors is to be ...
Interest on drawings amounted to ...
The accounting entry for depreciation at the end of each year is to debit ...