A. x-ray machine B. incubators C. drugs D. theatre equipment Correct Answer: Option C - drugs Explanation Revenue expenditures are…
A. cash sales B. trade debtors C. credit sales D. trade creditors Correct Answer: Option B = trade debtors Explanation…
Use the information to answer the question below Years Current Assets Liabilities Fixed Assets Capital # # # # 2018…
Use the information to answer the question below Years Current Assets Liabilities Fixed Assets Capital # # # # 2018…
A. formation expenses B. administrative expenses C. distribution expenses D. general expenses Correct Answer: Option A Explanation Preliminary expenses are…
Bola a grocer, keep petty cash on imprest system, the float being GH⊄ 8,000. These transactions took place in January…
Bola a grocer, keep petty cash on imprest system, the float being GH⊄ 8,000. These transactions took place in January…
Bola a grocer, keep petty cash on imprest system, the float being GH⊄ 8,000. These transactions took place in January…
A. assets B. capital C. liabilities D. drawings Correct Answer: Option A - assets Explanation Assets are the resources or…
A. decrease in net profit B. increase in net profit C. decrease in gross profit D. increase in gross profit…