A. Seize another gown from Chinyere’s shop B. Regard the contract between them as terminated C. Sue Chinyere for specific…
A. sales income B. receipt from debtors C. fixtures and fittings D. rent paid Correct Answer: Option C - fixtures…
Amin Ltd. Creditor Ledger Control Account (Extracts) Beginning control account Balance: Debit 32,000 Credit 61,000 Purchases during the year: Cash…
Cost of raw materials consumed 300,600 Carriage inwards 6,700 Returns of raw materials 10,800 Closing stock of raw materials 100,250…
Cost of raw materials consumed 300,600 Carriage inwards 6,700 Returns of raw materials 10,800 Closing stock of raw materials 100,250…
A. cost B. prudence C. consistency D. entity Correct Answer: Option D - entity
Yahuza Enterpises Trial Balance (Extracts) as at Dec. 31, 1998. Capital Premises 90,000 21,000 Debtors 35,000 Provisions 1/1/98: Depreciation 9,000…
Halal Limited with three departments has a total of N7,200,000 as net debtors for the year ended 31/12/97. The company's…
A. determine accurate returns by the branch B. ascertain the correct profit or loss on branch activities C. enable the…
A. 10 years B. 5 years C. 2 years D. 1 year Correct Answer: Option D - 1 year