A. profit B. loss C. prepayments D. cash balance Correct Answer: Option A A. profit
A. provision for bad debt B. bias debt C. discount allowed D. bills receivable Correct Answer: Option A A. provision…
A. returns inwards B. returns outwards C. receipts from debtors D. dishonored cheques Correct Answer: Option B B. returns outwards
A. control account B. bank account C. profit and loss account D. bank statement Correct Answer: Option A A. control…
A. Depreciation of plant and machinery B. Royalties C. raw materials consumed D. carriage outwards Correct Answer: Option A A.…
A. disposal B. loss by fire C. loss in transit D. wear and tear Correct Answer: Option D D. wear…
A. cost of running a business B. money spent on buying goods for resale C. money spent on acquiring fixed…
Use the following information to answer the question Ade N Bola N Capital Accounts 60,000 40,000 Current Accounts 10,000 Cr …
Use the following information to answer the question Ade N Bola N Capital Accounts 60,000 40,000 Current Accounts 10,000 Cr …
Use the following information to answer the question Ade N Bola N Capital Accounts 60,000 40,000 Current Accounts 10,000 Cr …