Which of the following is a journal as well as a ledger?
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2006
Head office sends goods to its branch at cost plus mark-up of of 25%. A debit of ₦40,000 to the branch stock account in the head office books will indicate that the head office has sent goods with a profit of
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2006
Motor: ₦10 000Fixtures: ₦5 000Cash: ₦2 500Creditors: ₦7 000Loan: ?LOAN IS 30% OF CREDITORS.A company has departments S,T and U. The sales are ₦20 000,20 000, ₦40 000 AND ₦60 000 respectively if the sales commission paid…
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2006
Motor: ₦10 000Fixtures: ₦5 000Cash: ₦2 500Creditors: ₦7 000Loan: ?LOAN IS 30% OF CREDITORS.What is the capital balance?
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2006
Receipts and Payments Account ₦ ₦Balance b/d?Rent and rates30 000Subscriptions received?General expenses10 000Gate-fee collections50 000Electricity20 000 Insurance150 000 ?Balance c/d?The subscriptions received represen…
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2006
Receipts and Payments Account ₦ ₦Balance b/d?Rent and rates30 000Subscriptions received?General expenses10 000Gate-fee collections50 000Electricity20 000 Insurance150 000 ?Balance c/d?The subscriptions received represen…