Use the information below to answer this question
...Use the information below to answer this question
At the end of a financial period, the trading profit and loss account of a sole trader shows a profit of
₦180,000 it is however discovered that revenue of
₦15,000 is recorded as expenses while expenses of
₦4,000 is recorded as revenue.
The revenue to be added as an adjustment is
₦34,000
₦4,000
₦30,000
₦15,000
Correct answer is C
No explanation has been provided for this answer.
The following transactions relate to Osei Enterprises for the year ended 31st December 2020. ...
Control accounts help to verify the arithmetic accuracy of the postings from the ...
Provision for discount on debtor on debtors is to be ...
In a partnership account, interest on drawings is ...
The balance of the pretty cash book should be ...
Use the following information, \(\begin{array}{c|c} & Le\\ \hline \text{Sales} & 183,400 \\...