What is the balance on the following account on 31 May 2017? (A) A credit balance of

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What is the balance on the following account on 31 May 2017?

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(A) A credit balance of £395 (B) A debit balance of £380 (C) A debit balance of £395 (D) There is a nil balance on the account

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Frank Woods Business Accounting Volume 1

ISBN: 9781292084664

13th Edition

Authors: Alan Sangster, Frank Wood

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Question Posted: Mar 27, 2024 04:00 AM

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What is the balance on the following account on 31 May 2017? (A) A credit balance of

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C. De Freitas 2017 2017 May 1 Sales 205 May 17 Cash 300 14 Sales 360 28 Returns 50 30 Sales 180

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So in this case a credit balance of 395 means that there is ...View the full answer

Frank Woods Business Accounting Volume 1

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