\text{Capital} & 12,700 & \text{Purchases...
\text{Capital} & 12,700 & \text{Purchases} & 7,100 \\
\hline
\text{Debtors} & 4,000 & \text{Stationery} & 1,900 \\
\hline
\text{Sales} & 2,400 & \text{Wages} & 1,230 \\
\end{array}\)
Determine the closing balance of the cash book?
N655 credit
N655 debit
N130 credit
N130 debit
Correct answer is B
No explanation has been provided for this answer.
Payment for shares in excess of amount demanded gives rise to ...
Which of the following is not a balance sheet item? ...
The purchase day book is used to record ...
A fixed cost is fixed only in relation to ...
Which of the following is not a revenue receipt? ...
Control accounts help to verify the arithmetic accuracy of the postings from the ...
A financial plan of action expressed in monetary terms is a/an ...
Given: Stock at start: Raw materials................N57,000 Work-in-progress.............N42,000 ...
The principal function of a sales ledger control account is to ...
The accumulative fund of a non-for-profit making organization is ...