Use the following information to answer the questions
The transactions of All Girls' Social Club for the year 2021 are as follows:
Bar sales D 30,000; Bar purchases D 17,000 and Rent D 1,200
| 31st December | 2020 | 2021 |
| D | D | |
| Stock at bar | 1400 | 1600 |
| Owing for bar supplies | 6500 | 7300 |
The net profit on the bar to be transferred to the income an expenditure account for the year ended 31st December 2021 is
The reason for treating carriage inwards in the trading account is because
The concept which underlines double entry bookkeeping is
Wages of machine operators in manufacturing account are treated as
The error that affects the agreement of a trial balance totals is
