Accounts - Principles of Accounts Past Questions and Answers

When a proprietor withdraws cash from the business for private use, he?

If a sole proprietorship is purchased for cash, then?

In order to make the cash book balance equal to the bank statement, it is usual to add?

Given:
Opening cash balance N20,000
Sales of match tickets N15,000
Clearing of pitch N1,200
Refreshments N3,500
Referees' allowance N1,000
Cost of petrol N1,120
Donation from local government N3,800
The club's balance is?

Given:
cash book item:
Paid to suppliers N10,800
Expenses paid N6,900
Drawings made N900
Balances at start N15,750
Balances at end N3,870
Drawings from bank to shop N1,720
Determine the receipt from debtors?