Use the following information to answer the given questio...
Use the following information to answer the given question. The Receipts and Payments Account of Acada Club for the year ended 31st December, 1995 is as follows:
NNBalance b/f800Printing and stationery320Subscriptions3,600Postages and Telephone160Donations650Rent1,200Dace tickets1,200Library books2,500Anniversary dance expenses945balance c/d1,125¯6,250¯6,250
The amount of income credited to Income and Expenditure Account for the year was
N6,250
N5,450
N3,600
N1,850
N1,125
Correct answer is B
No explanation has been provided for this answer.
Which of the following items is found on he credit side of a sales Ledger Control Account? ...
The document prepared for the disbursement of government fund is ...
Which of the following is not charged to Manufacturing Account? ...
In-not-profit-making organizations, accumulated fund is the name for ...
The claim on the assets of a business by outsiders is ...
Which of the following explains the short term solvency of a company? ...
In which of the following accounts is interest on partners capital found? ...