Debtors at start was N5,620 and at close N3,460. Cash and cheques received from customers amounted to N16,330. Credit sales for the year valued Posted on:
A plant which costs N1,000 and has a residual value of N125 is depreciated at 20% per annum. Posted on:
A plant which costs N1,000 and has a residual value of N125 is depreciated at 20% per annum. Using the straight-line method, what is the depreciation charge for the second year? Posted on:
Which of the following serves the same purpose as the income and expenditure account of a non-trading organization? Posted on:
A plant which costs N1,000 and has a residual value of N125 is depreciated at 20% per annum. Using the diminishing balance method, what is the amount of depreciation for the second year? Posted on:
