Sales and purchases ledger are used in a business to keep...
Sales and purchases ledger are used in a business to keep records of?
The owner's capital and cash transactions
Accounts of individual customers and suppliers
Current assets and fixed assets
Current liabilities and long term liabilities
Correct answer is B
No explanation has been provided for this answer.
\(\begin{array}{c|c} & \text{N} \\ \hline \text{Stock Jan 1} & 2000 \\ \hline \text{Purchase...
\(\begin{array}{c|c} & N \\ \hline \text{Fixed assets} & 12,000 \\ \text{Current assets} &am...
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The excess of current assets over current liabilities is ...
Departments K Y Opening 2,500 800 Purchases 120,000 100,000 Sales 180,000 200,000 Salary 8,000 3...