In order to make the cash book balance equal to the bank statement, it is usual to add?
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2000
To write off bad debt, debt?
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2000
On November 1, 199 8, Zaria Holdings owed ₦13,600 in respect of a creditor. On November 15, it purchase goods worth ₦69,000 and paid a cheque of ₦51,600. On November 29, one of the Holdings' cheques worth ₦3,000 was retu…
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2000
Given Dept A Dept BFloor space 40m2 60m2Machine hours 1200 1400Turnover ₦36 million ₦64 millionLabour hours 1000 1400A joint cost of ₦72 million incurred by the two departments was apportioned ₦30 million to A and ₦42 mi…
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2000
The items entered in an opening statement of affairs of an enterprise that keeps incomplete record are
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2000
Amin Ltd. Creditor Ledger Control Account (Extracts)Beginning control account Balance: Debit 32,000 Credit 61,000Purchases during the year: Cash 30,000 Credit 60,000Payment to suppliers: Cash 13,000 Cheque 29,000Debtor'…
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2000
Use the information below to this question Cost of raw materials consumed 300,600 Carriage inwards 6,700 Returns of raw materials 10,800 Closing stock of raw materials 100,250 Manufacturing wages 27,000 Lighting, power,…
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2000
Use the information below to this question Cost of raw materials consumed 300,600Carriage inwards 6,700Returns of raw materials 10,800Closing stock of raw materials 100,250Manufacturing wages 27,000Lighting, power, insur…
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2000
The accounting convention which stipulates that money or goods taken from the business by the owner for personal use should be treated as deductions from capital is
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2000
Yahuza EnterpisesTrial Balance (Extracts) as at Dec. 31, 1998.CapitalPremises 90,000 21,000Debtors 35,000Provisions 1/1/98:Depreciation 9,000Bad and doubtful 1,500If premises is to be depreciated at 10% on cost and a 5%…