\(\begin{array}{c|c} & \text{Dr GH¢} & \text...
Use the following information to answer the questions below. Extracts from the books of a firm as at June 30, 2012 showed the following balances.
\(\begin{array}{c|c} & \text{Dr GH¢} & \text{Cr GH¢} \\ \hline Advertising & 36,000 & - \\ \hline Electricity & 60,000 & - \end{array}\)
Advertising was paid by cheque covering 12 months installments ending March 31 2012. Electricity was paid by cash covering 15 monthly installments from March 1, 2011.
Electricity in arrears as at June 30, 2012 amounted to
GH¢ 12,000
GH¢ 10,000
GH¢ 8,000
GH¢ 4,000
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not an instrument for controlling public expenditure? ...
The book into which all types of a ministry's expenditure are recorded is the ...
Which of the following is both a subsidiary book and a ledger? ...
Which of the following is a debit item in the sales ledger control account? ...
When allotment of shares is made applicants for shares of a company become ...
In a not for profit making organization, the excess of income over expenditure is ...