Bar opening stock N10,000
Amount owed to bar suppliers at
the end the beginning of the year N10,000
Bar sales N50,000
Bar credit purchases N40,000
Payment to suppliers N30,000
Bar expenses N1,000
Bar closing stock N15,000

How much is owed to suppliers?

Similar Questions

Appropriation Account Kudu Wale  Interest on capital 750 550 Salaries 800 600 Share of pr...

When the sum of money appears on the credit side of the cash book, but not on the debit side of the ...

Which of the following entries would be made for goods bought and paid for immediately? Debit ...

Given: Capital at start.......................N3250 Capital at close .....................N6250 A...

The term bad debts means debts ...

Use the following information to answer the given question Rufai, a vulcanize bought 4 machines for...

A debit entry in the cash account and a corresponding credit in Alieu's account indicate a ...

Use the following information to answer the given question \(\begin{array}{c|c} & Ade &...

Use the following information to answer the given question. John and Johnson are in partnership, sh...

Five hundred naira monthly is allowed on an imprest system. The following transactions took place. ...