Accounts - Principles of Accounts Questions
Question 2011:
Pending the location of an error, the difference disclosed in a trial balance is temporarily treated in
View Answer & ExplanationQuestion 2012:
Which of the following items is not shown in the Trial Balance
View Answer & ExplanationQuestion 2013:
The total of the purchases day book is posted to the purchases account in the
View Answer & ExplanationQuestion 2014:
Use the following information to answer the question<br/>\(\begin{array}{c|c} \text{prepared} & \text{1/01/2003} & N600.00\\ \text{Rent paid} & \text{31/12/2003} & N3,000.00\\ \text{Rent prepaid} & \text{31/12/2003} & N400.00\end{array}\)<br/>Rent for 2013 amounted to
View Answer & ExplanationQuestion 2015:
Use the following information to answer the question<br/>\(\begin{array}{c|c} \text{Unpresented cheques} & N85,305 \\ \text{Balance as per bank statement} & N206,865 \\ \text{Balance as per cash book} & N144,495\end{array}\)<br/>Uncredited cheques amount to
View Answer & Explanation