A trader paid insurance premium of N1,350 for 15 months ended 31st March 1991. He prepares to 31st December. How much is charged to the profit and loss account for 1990?
A. N1,350
B. N1,080
C. N338
D. N270
E. N90
Correct Answer:
Option B – N1,080
200 Level Language Acquisition Process exam questions and detailed answers. Download the answers in document format.…
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