A debit balance of N420 on the purchases ledger control a...
A debit balance of N420 on the purchases ledger control account means that the
Trade creditors were overpaid by N420
Trade creditors are owed N420
Goods returned to trade creditors amounted to N420
Total supplies from trade creditors amounted to N420
Correct answer is A
No explanation has been provided for this answer.
Use the following information to answer the given question \(\begin{array}{c|c} & N\\ \text...
The partner whose liability goes beyond his capital is a ...
\(\begin{array}{c|c} July & 1 & \text{cash in hand, N420, Cash at Bank} & N6,500 \\ &...
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