Question
A companys motor vehicles cost account at 30 June 20X6 is as follows: Motor vehicles cost $ $ Balance b/f 35,800 Disposal 12,000 Additions 12,950
A companys motor vehicles cost account at 30 June 20X6 is as follows:
Motor vehicles cost
$ $
Balance b/f 35,800 Disposal 12,000
Additions 12,950 Balance c/f 36,750
48,750 48,750
What opening balance should be included in the following periods trial balance for Motor vehicles cost at
1 July 20X6?
A $36,750 Dr
B $48,750 Dr
C $36,750 Cr
D $48,750 Cr
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
