by Sunday | Oct 2 | NABTEB QUESTIONS
Goodwill: This is the good reputation which a business earned for quality products or services produced. It is an intangible asset and it is usually written off every year by certain percentage. It is the amount which an incoming partner pays to the existing...
by Sunday | Oct 2 | NABTEB QUESTIONS
i. Account sales: This is a document which states the total sales made, less the expenses and commissions due to the consignee. The balance will be remitted to the consignor by bank draft. ii. Consignor: This is the person who sends goods to the consignee along with a...
by Sunday | Oct 2 | NABTEB QUESTIONS
i. Bank statement: This is the periodic statement of account which a commercial bank sends to its customers. It states the various deposits and withdrawals including the balances in customers’ accounts. It is usually sent to current account holders. ii. Bank...
by Sunday | Oct 2 | NABTEB QUESTIONS
Subscriptions: These are the amount that a club asks its members to pay for a specific period of time. Donations: This refers to the money received from different people by a club. Sales of Tickets: This is the amount collected as entrance fees from people who attend...
by Sunday | Oct 2 | NABTEB QUESTIONS
Sources of Income to a Non profit making concern are: (i) Subscriptions. (ii) Donations. (iii) Sale of tickets. (iv) Loan from banks. (v) Dance proceeds.
by Sunday | Oct 2 | NABTEB QUESTIONS
Gross profit: This is the excess of sales over the cost of goods sold, where as Net profit is the excess of gross profit over the expenses of a business.
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.