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44896 posts
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Use the following information to answer the given question (begin{array}{c|c} & D\ hline text{Balance as…

Use the following information to answer the given question (begin{array}{c|c} & D\ hline text{Balance as peer cash book}…
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Where the head office maintains all books of account, goods sent to branch is credited…

Where the head office maintains all books of account, goods sent to branch is credited to A. goods…
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Which of the following is a journal as well as an account?

Which of the following is a journal as well as an account? A. sales day book B. cash…
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The amount allowed off the cost price of an article to stimulate patronage is

The amount allowed off the cost price of an article to stimulate patronage is A. cash discount B.…
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Which of the following columns of a three column cash book are memoranda? i. Discount…

Which of the following columns of a three column cash book are memoranda? i. Discount ii. Discount allowed…
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Which of the following is not a revenue expenditure?

Which of the following is not a revenue expenditure? A. payment of salaries B. payment for advertisement C.…
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Using the reducing balance method, the depreciation charged for year 2002 was Use the following…

Using the reducing balance method, the depreciation charged for year 2002 was Use the following information to answer…
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Which of the following is not a debit item in a creditor’s control account?

Which of the following is not a debit item in a creditor’s control account? A. cash paid B.…
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Which of the following is charged to trading account?

Which of the following is charged to trading account? A. discounts allowed B. carriage outwards C. salaries D.…
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Control accounts are also known as

Control accounts are also known as A. contra accounts B. total accounts C. ledger accounts D. integral accounts…
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