A. current asset B. current liability C. contingent liability D. fictitious asset E. provision Correct Answer: Option B - current…
A. Total Debtors and Creditors Accounts B. Bank Reconciliation Statement C. Statement of Affairs D. Trading, Profit and Loss Accounts…
A. Source documents to Journal to Ledger B. Source documents to Ledger to Journal C. Journal to Ledger to source…
A. premium B. dividend C. interest D. allotment E. warrant Correct Answer: Option B - dividend
A. promoter B. dividend C. shareholder D. director E. subscriber Correct Answer: Option A - promoter
A. goodwill B. capital reserve C. purchase consideration D. premium E. equity Correct Answer: Option C - purchase consideration
A. is due for payment B. is a Profit and Loss Account item C. is a Trading Account item D.…
Use the following information to answer this question Kudi Local Government Council incurred the following expenditure in 1995: # Payment…
Use the following information to answer this question Kudi Local Government Council incurred the following expenditure in 1995: # Payment…
A. Trading Account item B. Profit and Loss Account item C. Appropriation Account item D. Receipts and Payments Account item…