On 1/7/07, a trader owed wages of Le 2,000. During the ye...
On 1/7/07, a trader owed wages of Le 2,000. During the year ended 30/6/08, wages of Le 2,400 were owed and Le 8,000 were paid. Using the information, wages recorded in the balance sheet as at 30/6/08 is
Le 12,400
Le 6,000
Le 2,400
Le 2,000
Correct answer is C
The wages owed as at 30/6/08, wages of Le 2,400
\(\begin{array}{c|c} & ₦ \\ \hline \text{Balance as per cash book} & 18,000\\ \text{Dishon...
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