The cash bass of accounting requires the recognition of r...
The cash bass of accounting requires the recognition of revenue only when they are
Due
Earned
Paid
Received
Correct answer is D
No explanation has been provided for this answer.
The use of three column cash book is determined by ...
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
Opening stock---------2,300 Purchases-------------11,874 Sales--------------------18,600 Closing ...
\(\begin{array}{c|c} \text{Branch stock account (at selling price)} & D346,000 - debit \\ \text{...
Which of the following concepts recognizes the principle of double entry? ...
Calculate the cash balance after the discount. ...
If sales is D 12,000 and the gross profit mark -up percentage is 25%. What is the cost of sales? ...