Given:
Prepaid b/f…………………..N10 000
Cash paid during the year………N20 000
The amount to be charged to the profit and loss account is?
A N30 000
B N25 000
C N5 000
D 20 000
Answer is B
Tutors, Past Questions and Projects.
Given:
Prepaid b/f…………………..N10 000
Cash paid during the year………N20 000
The amount to be charged to the profit and loss account is?
A N30 000
B N25 000
C N5 000
D 20 000
Answer is B