Use the following information to answer the question
The following transactions were recorded in the cash book of Ibusah for the month of February 2019:
D | |
Balance b/f |
200,000 |
Commission received | 180,000 |
Receipts from Ojah | 98,000 |
Electricity bill |
40,000 |
Rent |
73,400 |
Drawings |
28,600 |
Insurance | 12,800 |
The total expenses for the month is
Reliability as a quality of accounting information means that accounting
Use the following information to answer the question
Ant and Bee withdrew GH⊄ 14,000 and GH⊄ 10,000 respectively at 8% per annum from the partnership.
The interest on drawings for Ant is
Use the following information to answer the question
Ant and Bee withdrew GH⊄ 14,000 and GH⊄ 10,000 respectively at 8% per annum from the partnership.
The total interest on drawings to be charged to profit and loss appropriation account is
Which of the following items is a tangible asset?