Given: General expenses account. Paid by cheque………………N671 Paid by cash………………..N70 Accrued b/f…………………N65 Accrued c/f…………………N115 Determine…

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Accounts - Principles of Accounts 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?

  • N606
  • N786
  • N791 checkmark
  • N856

The correct answer is: C

Explanation

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