One of the major features of book keeping is that it

Use the information below to answer this question  
                                          ₦
Total current assets        2000
Total fixed assets           4000
Current liabilities            1200
Drawings                         200
Long term loan              2000

Calculate the capital of the business.

Use the information below to answer this question  
                                          ₦
Total current assets        2000
Total fixed assets           4000
Current liabilities            1200
Drawings                         200
Long term loan              2000

What is the net working capital?

A major cause of discrepancy between the bank statement and the cashbook that overstates the bank statement balance is the

The major feature of a journal is that it has