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:
\(\begin{array}{c|c} & N & & N \\ \hline \text{Balance b/f} & 800 & \text{Printing and stationery} & 320 \\ Subscriptions & 3,600 & \text{Postages and Telephone} & 160 \\ \text{Donations} & 650 & Rent & 1,200 \\ \text{Dace tickets} & 1,200 & \text{Library books} & 2,500 \\ & & \text{Anniversary dance expenses} & 945 \\ & & \text{balance c/d} & 1,125\\ & \overline{6,250} & & \overline{6,250} \end{array}\)
The capital expenditure of the club for the year was
N5,250
N5,450
N5,125
N3,600
N2,500
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not shown in the trial balance? ...
Use the following information to answer the given question BOUGHT LEDGER CONTROL ACCOUNT: \(\beg...
₦ Manufacturing wages 42,000 ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
Zahki Plc balance sheet (extract) as at 31st December 1997. ...
\(\begin{array}{c|c} & \text{N} \\ \hline \text{Debtors opening} & 4000 \\ \hline \text{Debt...
In-not-profit-making organizations, accumulated fund is the name for ...
Which of the following is not a source of revenue for local government? ...