A company’s motor vehicles at cost account at 30 June 20X6 is as follows
MOTOR VEHICLES - COST
$ $
Balance b/d 150,500
Disposal 85,000
Addition 120,950
Balance c/d 186,450 271,450
271,450
What opening balance should be included in the following period’s trial balance for motor vehicles - cost at 1 July 20X6?
A company’s trade payables account at 30 September 20X1 is as follows:
TRADE PAYABLES ACCOUNT
$ $
Cash at bank 21,600
Balance b/d 14,000
Balance c/d 11,900
Purchases 19,500 33,500
33,500
What was the balance for trade payables in the trial balance at 1 October 20X0?
Which of the following would be recorded in the sales day book?
Which of the following statements is true?
How is the total of the purchases day book posted to the nominal ledger?
Which one of the following statements about an imprest system of petty cash is correct?
Which one of the following provides evidence that an item of expenditure on petty cash has been approved or authorised?
What is the total of the sales day book?
Which TWO of the following are criminal offences that directors of a company may commit as a consequence of their company being insolvent?
(1) Acting as a director whilst disqualified
(2) Making a false declaration of solvency
(3) Wrongful trading
(4) Abuse of position
Liam was convicted of a criminal offence by a Magistrate's Court.
If Liam has grounds to appeal, which court will the case move to next?