N17,300
N17,000
N15,000
N14,700
N12,000
Correct answer is B
No explanation has been provided for this answer.
Discount allowed is a charge made against
Trading account
Profit and loss account
Approbation account
Current account
Nominal account
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a debit entry in the Bought Ledger?
Cash
Discount received
Purchases
Returns outcards
Bills payable
Correct answer is C
No explanation has been provided for this answer.
Share certificate
Preference certificate
Debenture certificate
Allotment certificate
Call certificate
Correct answer is C
No explanation has been provided for this answer.
Reserved expenditure warrant
Provisional general warrant
Contigency warrant
Supplementary general warrant
Virement warrant
Correct answer is C
No explanation has been provided for this answer.