A powerful instrument of control over both the sales ledg...
A powerful instrument of control over both the sales ledger and the clek whose duty is to post the ledger is the?
Total debtors account
Purchase day book
Sales day book
Cash book
Correct answer is C
No explanation has been provided for this answer.
UCHENNA ENTERPRISES: Balance sheet as at 31st December, 1993 \(\begin{array}{c|c} & N & N &a...
A suspense account is used in the ...
Where there is no agreement made by the partners, the following provisions takes place except ...
Sales - #232,000 Opening stock - # 28,000 Purchases - #128,000 Carriage inwards - # 4,000 Carria...
The reason for treating carriage inwards in the trading account is because ...
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
Which of the following is not true of a trial balance? ...
Sundry debtor..................N20,000 Provision for bad debts........N500 Provision for bad deb...
The portion of authorized capital that has been allotted to subscribers ...