In the balance sheet of not-for-profit making organizations, subscription in arrears is shown under
The authority to incur expenditure to address natural disaster is contained in
Books of accounts are opened by the use of
The principal book of account where accounts are classified and summarized is
Use the following information to answer questions below
Le | |
Raw materials: | |
Stock (01/01/2017) | 822000 |
Stock (31/12/2017) | 560000 |
Purchases | 125000 |
Returns of raw materials | 15000 |
The cost of raw materials available for production is