by Sunday | Dec 3 | Accounting JAMB
A. promoters B. shareholders C. canvassers D. stakeholders Correct Answer: Option A – promoters
by Sunday | Dec 3 | Accounting JAMB
A. capital contribution B. number of partnerd admitted C. the business and customer relations D. number of active partners Correct Answer: Option B – number of partnerd admitted
by Sunday | Dec 3 | Accounting JAMB
A. Revaluation account B. Profit account C. Capital account D. Trading account Correct Answer: Option A – Revaluation account
by Sunday | Dec 3 | Accounting JAMB
Keme and Kemi are in partnership sharing profit and losses in the ratio 3:2. Capital – Keme………….N20 000 …….. – Kemi………….N10 000 Drawings – Keme………….N2 000...
by Sunday | Dec 3 | Accounting JAMB
Keme and Kemi are in partnership sharing profit and losses in the ratio 3:2. Capital – Keme………….N20 000 …….. – Kemi………….N10 000 Drawings – Keme………….N2 000...
by Sunday | Dec 3 | Accounting JAMB
A. 5% interest annum on any loan B. an oral agreement among the partners C. method of inhertance by the partners’ children D. the profit and loss sharing ratio of the partners Correct Answer: Option D – the profit and loss sharing ratio of the...