Segun Ojo didn’t keep her books on double principle...
Segun Ojo didn’t keep her books on double principle. On 1st Jan, 2014, cash in hand was 850, bank overdraft 3500, debtor 15,500,stock 18,000, fittings 9,000 and creditors 12,700. As at Dec, 2014, cash in hand was 1200, cash at bank 2,500, debtors 10,000, stock 20,500, furnishing 4,000 and creditors 17,000
Determine the closing capital 31/12/2014
17,500
38,200
20,700
27,200
Correct answer is C
No explanation has been provided for this answer.
Customers use the financial position of a company to ...
Given: PTF Trial Balance [Extract] as at 31 December, 1999 Dr Cr N'000 N '000 Ca...
In the absence of partnership agreement, a loan by a partner attracts interest at ...
A loss made on the disposal of a fixed assets is debited to ...
Account payable is classified as a ...
Given: cash book item: Paid to suppliers N10,800 Expenses paid N6,900 Drawings made N900 Balanc...
Which of the following accounts are treated in the nominal ledger? i. wages ii. discou...