A. 20% B. 15% C. 10% D. 5% Correct Answer: Option D D. 5%
A. cash B. debtors C. motor vehicles D. overdraft Correct Answer: Option C C. motor vehicles
Use the following to answer the given question ₦ Premises 100,000 Plant 50,000 Fixtures 30,000 Stock 2,000 Debtor 10,000 Cash…
Use the following to answer the given question ₦ Premises 100,000 Plant 50,000 Fixtures 30,000 Stock 2,000 Debtor 10,000 Cash…
Use the following to answer the given question ₦ Premises 100,000 Plant 50,000 Fixtures 30,000 Stock 2,000 Debtor 10,000 Cash…
A. cash basis B. accrual basis C. matching basis D. commitment basis Correct Answer: Option C C. matching basis
A. in the ratio of capitals B. equally C. in the ratio of drawings D. according to services rendered Correct…
A. maternity B. consistency C. business entity D. periodicity Correct Answer: Option C C. business entity
A. realization concept B. entity concept C. going concern concept D. dual aspect concept Correct Answer: Option D D. dual…
A. entity concept B. periodicity concept C. going-concern concept D. realization concept Correct Answer: Option C C. going-concern concept