JAMB - Accounts Principles Of Accounts (2007 - No. 33)
Given:
Prepaid b/f.......................N10 000
Cash paid during the year.........N20 000
The amount to be charged to the profit and loss account is?
Prepaid b/f.......................N10 000
Cash paid during the year.........N20 000
The amount to be charged to the profit and loss account is?
N30 000
N25 000
N5 000
20 000
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