The journal has the following headings excep...
The journal has the following headings except
Date
Debit
Discount
Credit
Correct answer is C
The journal has debit, credit, date, particulars and folio. It is use to show narration in which the entries are posted to the ledgers.
The excess of sales over cost of goods sold is ...
Osa started business with Le 40,000 cash. The accounting entry is debit ...
Use the following information to answer the given question \(\begin{array}{c|c} \text{Opening s...
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...
Given: purchases ledger balance..............N4000 purchases for the period..............N50000 C...
A book that contains the account for the financial transactions of an organizations is the ...