N | |
Purchase ledger opening balance | 4,000 |
sales ledger opening balance | 6,000 |
credit purchase | 25,000 |
Discounts allowed | 1,000 |
Returns inwards | 2,000 |
Credit sales during the year | 10,000 |
Return outwards | 6,000 |
Use the information above to answer the following question;
what is the purchase ledger balance?
lubricating oil and spare parts of machines are example of?
for an incomplete record to provide necessary information, it must be converted to?
The main difference between the ordinary and preference shareholders is that?
A club received rent N10,000 and donation of N30,000. it paid N6,000 for entertainment and is still owing N16,000 . The balance of the receipts and payments account is?