Use the information below to answer question Total sales of ticket.......................₦300 000 Amount received from the sales..............₦260 000 Cash ...
Question 1 Report
Use the information below to answer question Total sales of ticket.......................₦300 000
Amount received from the sales..............₦260 000
Cash purchase of club house.................₦100 000
Credit purchase of equipment ...............₦60 000
Electricity bill paid ......................₦5 000
Salaries owed ..............................₦2 000What is the balance of the income and expenditure account?
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