A. Bolaji Account B. Drawings Account C. P.Z. Plc Account D. Cash Account E. Acadia Club Account? Correct Answer: Option…
A. does not exist B. is too costly C. is worthless D. cannot be sold for cash E. is bought…
A. expenses or losses B. gains or income C. physical tangible items D. fictitious items E. current liabilities Correct Answer:…
Use the following information to answer this question A company charges out goods to a branch at cost plus 25…
Use the following information to answer this question A company charges out goods to a branch at cost plus 25…
A. imprest B. consolidated fund C. warrant D. budget E. development fund Correct Answer: Option D - budget
A. Debit note B. Credit note C. Receipt D. Sales journal E. Invoice Correct Answer: Option D - Sales journal
A. Purchase of Business Account B. Creditor's Account C. Vendor's Account D. Purchaser's Account E. Debtor's Account Correct Answer: Option…
Use the following information to answer this question An asset was bought on 1st January, 1992 for N20,000. Depreciation was…
A. making high profits in the business B. Rewarding the imprest holder C. Easy preparation of the final accounts D.…