A. amount of goods available was understated B. cost of goods sold was overstated C. amount of sales was understated…
A. debit purchases account, credit supplier's account B. credit purchases account, debit supplier's account C. credit bank account, debit purchases…
A. quick ratio B. gross profit over sales ratio C. stock turnover ratio D. debtors turnover ratio Correct Answer: Option…
A. general partner B. limited partner C. sleeping partner D. nominal partner Correct Answer: Option A A. general partner
A. 50,000 B. 25,000 C. 20,000 D. 10,000 Correct Answer: Option B B. 25,000
A. N10,000 B. N8,000 C. N5,000 D. N4,000 Correct Answer: Option C C. N5,000
A. N12,000 B. N10,000 C. N8,000 D. N5,000 Correct Answer: Option D D. N5,000
A. a discount B. a premium C. a loss D. par Correct Answer: Option D D. par
A. omission B. commission C. principle D. compensation Correct Answer: Option A A. omission
A. License B. patents C. trademarks D. fixtures Correct Answer: Option D D. fixtures