Given: General expenses account. Paid by cheque..................N671 Paid by cash....................N70 Accrued b/f.....................N65 Accrued c/f.....................N115 Determine...
FINANCIAL
JAMB 2004
Given:
General expenses account.
Paid by cheque..................N671
Paid by cash....................N70
Accrued b/f.....................N65
Accrued c/f.....................N115
Determine how much to be charged to profit and loss account?
- A. N606
- B. N786
- C. N791
- D. N856
Correct Answer: C. N791
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