Close Icon
Which of these solutions true First one.

Question : Which of these solutions true First one. : 8343

Which of these solutions is true

First one. Which shows the closing balance of -30,000 in jan, -10,000 in Feb and -30,000 in March.

*In second one it does not care about one month credit sale and purchase and IP cost are shown wrong it is from the month jan.

*In third one same problem of one month credit sales and purchase. Worst it takes also debtors and creditors separately from sales and purchase. Problem of IP cost are same.

5 (1 Ratings )

Accounting 9 Months Ago 196 Views
This Question has Been Answered!

Unlimited Access

Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Instant Access!

Ask an Expert

Our Experts can answer your tough homework and study questions
150233 Accounting Questions Answered!
Post a Question