Given an incomplete record without sufficient information to determine profit, the necessary thing to do is to?

Given an incomplete record without sufficient information to determine profit, the necessary thing to do is to?

A draw up the statement of affairs

B draw up a T-account to establish the amount

C compare the journal entries with the cash book

D cross-check the cash book for further information

Answer is A

Leave a Reply

MEET OVER 2000 NOUN STUDENTS HERE. 

Join us for latest NOUN UPDATES and Free TMA answers posted by students on our Telegram. 

OUR ONLINE TUTORIAL CLASS IS NOW ON!!! JOIN US NOW. 
JOIN NOW!
close-link