A. commission B. omission C. single entry D. original entry Correct Answer: Option C C. single entry
A. N33,000 B. N30,000 C. N17,000 D. N16,000 Correct Answer: Option A A. N33,000
A. ₦17,000 profit B. ₦17,000 loss C. ₦16,000 profit D. ₦16,000 loss Correct Answer: Option B B. ₦17,000 loss
A. norminal ledger B. purchases ledger C. general ledger D. sales ledger Correct Answer: Option D D. sales ledger
A. purchases journal B. journal proper C. cash book D. general ledger Correct Answer: Option B B. journal proper
A. invoice B. waybill C. debit note D. credit note Correct Answer: Option C C. debit note
A. ₦3,500 B. ₦2,500 C. ₦1,500 D. ₦1,000 Correct Answer: Option C C. ₦1,500
Use the following information to answer the question ₦ Opening stock 40,000 Purchases 130,000 Closing stocks 32,000 sales 180,000 A.…
Use the following information to answer the question ₦ Opening stock 40,000 Purchases 130,000 Closing stocks 32,000 sales 180,000 A.…
A. royalties payable B. factory salaries C. depreciation of plant D. rent of factory building Correct Answer: Option A A.…