Answered step by step
Verified Expert Solution
Question
1 Approved Answer
6. What is an account b. Mention and explain three classes of account c State the double entry rule of accounting d Differentiate between fixed
6. What is an account b. Mention and explain three classes of account c State the double entry rule of accounting d Differentiate between fixed asset and current asset and give an example in each case 2 marks? 6 marks 2 marks 4 marks b 2 a. copy and complete the following table Asset Capital 300,000 2 b. 2 130,000 350.000 ? 400,000 ? 2 300,000 ? 36,000 38,000 24,0000 Liability 34,000 56,000 70,000 170,000 100,000 27,000 ? 14 marks Show workings 5 marks b. Mention any (five) 5 subsidiary books and their uses
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started