A. purchase of vehicles B. purchase of drugs C. construction of boreholes D. construction of buildings Correct Answer: Option B…
A. long term loan repayment problem B. efficient in the utilization of its resources C. unable to pay its bills…
A. bank overdrafted B. returns outwards C. purchases D. capital Correct Answer: Option C C. purchases
A. consistency concept B. realization concept C. going concern concept D. business entity concept Correct Answer: Option D D. business…
A. consistency concept B. realization concept C. going concern concept D. business entity concept Correct Answer: Option D D. business…
A. private ledger B. creditors ledger C. nominal ledger D. debtors ledger Correct Answer: Option A A. private ledger
A. machinery account B. drawings account C. debtors account D. wages account Correct Answer: Option D D. wages account
A. every debit entry must have a corresponding credit entry B. every credit entry must have a corresponding double entry…
A. GHC 204 B. GHC 120 C. GHC 84 D. GHC 36 Correct Answer: Option D D. GHC 36
A. debited in cash book B. credited in the cash book C. double entry in the cash book D. credited…