Given: Light expenses...................₦400 Purchases........................₦3,000 Sales............................₦1,200 Creditors.........................

Ii) Add up both side Iii)Take the difference to the smaller and add to the smaller figure The correct procedure for balancing account is?

The medium of correcting errors whose differences are shown in the trial balance is by the use of?

The historical development of accounting reveals that it?

Find the average stock for the period

The principle of double entry system ensures?

In a trial balance, income and liabilities are?

The major feature of a journal is that it has?

Calculate the cost of goods sold.