The following are importance of branch account except
The use of three column cash book is determined by
The authority warrant issued prior to the approval of the appropriate bill at the begining of the year
The following appears in the trading account except
|
₦ |
|
|
Debtors opening |
4000 |
| Debtors closing | 1500 |
|
Cash received from debtors |
8500 |
|
Bad debts written off |
350 |
| Discount allowed | 500 |
| Discount received | 1000 |
What is the amount of sales for the year?
