Determine the value of stock as at 31st December

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What is the amount of subscription to be shown as liability in the balance sheet as at December 2009

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Determine the amount of subscription for the year

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Subscription in arrears is treated in the balance sheet of a club as

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The value of the sales ledger control account is derived from the summation of

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A book of account that possesses the features of both day book and ledger is

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The control account is used in facilitating

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Calculate the cost of goods available for sale using LIFO

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Determine the cost of goods sold using FIFO

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The excess of sales over cost of goods sold is

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Determine the current liabilities

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The value of the current assets will be

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