Which of the following does not appear on the debit side of a company’s profit and loss appropriation account? Posted on:
Bosun bought goods worth N500 and sold it at a margin of 20% on selling price. For how much did he sell the goods? Posted on:
Debtors on 1st January was N1,490 and sales for the year was N5,760. Cash received from debtors during the year was N5,410. Posted on:
A cheque drawn for N1200 was entered in the cash book as a receipt. The accounting entries are Posted on:
Creditors at start was N940 and purchases for the year was N4,060. During the year, cash paid to creditors was N3,890. Posted on:
