can some answer 25-30 please

25. The following statements relate to the aged receivables analysis: 1. It provides information about the debt collection efficiency to the management. 2. It identifies when payments are due to be made to suppliers. Which of the above statements are correct? a) 1 only b) 2 only c) Both of the statement d) Neither of the statement 26. A credit entry into a ledger account represents which of the following? a) Increase in an expense b) Increase in income c) Increase in an asset d) Increase in drawings 27. Iwan's payables ledger showed that $2,300 was owed to suppliers at the start of the week. During the week Iwan made purchases of $3,900 although he paid $900 of this in cash. He also paid the suppliers $1,000 by cheque. What is the closing balance on his payable ledger? a) $4,000 b) $4,300 c) $5,200 d) $6,100 27. Iwan's payables ledger showed that $2,300 was owed to suppliers at the start of the week. During the week Iwan made purchases of $3,900 although he paid $900 of this in cash. He also paid the suppliers $1,000 by cheque. What is the closing balance on his payable ledger? a) $4,000 b) $4,300 c) $5,200 d) $6,100 28. Which of the following errors will require an entry to a suspense account to correct it? a) A credit purchase was completely omitted from the accounting records b) A credit sale was recorded as a cash sale c) The payment of wages was debited to the rent account instead of the wages account d) The cash sale was recorded correctly in the sales account and credited in the bank account 29. What document is usually sent every month from the supplier to the customer, listing all the transactions between them during that month? a) Invoice b) Receipt c) Statement d) Credit note 28. Which of the following errors will require an entry to a suspense account to correct it? a) A credit purchase was completely omitted from the accounting records b) A credit sale was recorded as a cash sale c) The payment of wages was debited to the rent account instead of the wages account d) The cash sale was recorded correctly in the sales account and credited in the bank account 29. What document is usually sent every month from the supplier to the customer, listing all the transactions between them during that month? a) Invoice b) Receipt c) Statement d) Credit note 30. A comnanv has the following vear end navroll What is the company total payroll coast for the year? a) $312,136 b) $274,107 c) $396,233 d) $308,384