Home » Accounts (Principles of Accounts) » Tunde purchased goods from Femi by cash worth N1000 with 10% cash discount. Tunde’s ledger…Tunde purchased goods from Femi by cash worth N1000 with 10% cash discount. Tunde’s ledger… Tunde purchased goods from Femi by cash worth N1000 with 10% cash discount. Tunde’s ledger control account is to be? A. deited by N100 B. credited by N100 C. credited by N1000 D. deited by N1000 Correct Answer: Option A Explanation Related Posts A proprietor started business with #13,000. Assets and liabilities at the end of the year;… The rules of double entry states that Given: Sales #180,000 Stock 1/1 # 25,000 Purchases #110,000 Sales returns # 1000 Purchases returns… The Unissued capital of the company is When Your Silence Is Loud..& Your Eyes Speaking Volumes.. Calculate the value of credit sales The advantage of double entry is that
