A cash book had a opening balance of N15,200, closing bal...
A cash book had a opening balance of N15,200, closing balance of N18,400 and total cash received during the period of N36,000. What was the amount of cash paid out during the same period?
N29,200
N17,800
N32,800
N19,600
Correct answer is C
opening balance= N15,200
cash receipt = N36,000
closing balance= N18,400
N15,200 + N36,000 = N51,200
N51,200 - N18,400 = N32,800 (cash paid out)
The capital of not-for-profit-making organization is referred to as? ...
The accounting equation is ...
A merchant paid ₦180,000 on rent for 18 months bu charged ₦120,000 to profit and loss account fo...
The fourth stage of the accounting information system is? ...
Which of the following is not the purpose of a control account? ...
Memoradum branch account is prepared to determine ...
"Transactions are governed by legal principles, but are nevertheless accounted for and presente...
Provision for doubtful debts------1,000Cr Bad debts--------500Dr Debtors-------50,000Dr Additiona...