Given a purchases invoice showing 5 items at N40,000 each...
Given a purchases invoice showing 5 items at N40,000 each less trade discount of 25% and cash discount of 10% the amount to be paid within the credit period is
N200,000
N180,000
N135,000
N75,000
Correct answer is C
No explanation has been provided for this answer.
The major feature of a journal is that it has ...
The document authorising an officer to incur expenditure is known as ...
In bank reconciliation, when a cash book shows a credit balance, uncredited cheques are i. De...
The allocation of funds from treasury to accounting heads in public sector is ...
\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{...