Use the following information to answer the question given

$\begin{array}{c|c} \text{Jan. 1} & \text{₦}\\ \hline \text{1/1/08 Capital introduced by cash} & 50,000 \\ \text{2/1/08 Bought goods for retail by cash} & 10,000\\ \text{3/1/08 Sold fixtures by cash} & 5,000\\ \text{4/1/08 Sold goods to Lagbaja on credit} & 3,000\\ \text{5/1/08 Bought goods on credit from Tamedu}& 8,000\end{array}$

Cash balance at 5/1/08 is

Similar Questions

The purchases ledger control account is also known as ...

The receipt whose name appears on a cheque is called a ...

A rapidly growing business organization with multiple units that is interested in comparing the perf...

Period 1: ........Cash to petty cashier.............N1000 ........Petty cashier pays out.............

Receipt and payments account is a summary of the? ...

The total share capital which a company would be allowed to issue is known as ...

The accounting entry to correct sales day book overcast is?   ...

A fund established for the payment of minor expenses is ...

Turaki Youth Club Income and Expenditure for the year ended 31/12/04 N     N Bal.b/d 3...

The accounting entry for cash realized from the sale of assets on the dissolution of a partnership i...