Accumulated fund is also referred to as
...Accumulated fund is also referred to as
Surplus
Profit
Deficit
Capital
Correct answer is D
No explanation has been provided for this answer.
# Stock Jan 1 2600 Purchases...
The principle of double entry system ensures ...
\(\begin{array}{c|c} & D\\ \hline \text{Purchase of raw materials} & 236,500\\ \text{Returns...
One of the advantage of the shortcomings of single entry procedures is that ...
A trial balance is a proof of ...
The branch current account records ...
\(\begin{array} {c|c} & D \\ \hline \text{Cash in hand}& 1,440\\ \text{Cash at bank} & 2...
Given: Sales #180,000 Stock 1/1 # 25,000 Purchases #110,000 Sales returns # 1000 Purchases re...