A. made in the same period
B. of a similar nature
C. involving minor amounts
D. without source documents

Correct Answer:

Option D = without source documents

 

SEE ALSO  Williams and Jacob are in partnership but there is no partnership agreement. The capital contributed are N60,000 and N40,000 respectively. Profit for the year is N20,000. Interest on capital is 10%. What is Jacob's share of profit?

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