Accounts - Principles of Accounts Past Questions and Answers

Use the following information to answer the given question: SALES LEDGER CONTROL ACCOUNTS<br/>\(\begin{array}{c|c} & N & & N \\ \hline \text{Balance b/d} & ? & \text{Discount allowed} & 968 \\ \text{sales} & 21,610 & \text{Sales returns} & 942 \\ \text{Acceptance dishonoured} & 542 & \text{cash received from customers} & ? \\ & & \text{Balance c/d} & 13,740 \\ \text{Total} & 34,743 & \text{Total} & 34,742<br/>\end{array}\)<br/>What is the total cash received from customers?

When shares are oversubscribed, the promoter nay decide to scale down the number of shareholding when this is done, the shares are being

Preliminary expenses of a limited liability company are

In government imprest system the amount reimbursed is the

Reccurrent expenditure of government is paid from