i. recording ii. presenting iii. collecting iv. analyzing A. I, ii, iii and iv B. ii, iii, i and iv…
A. a liability or an expense B. an expenditure or an income C. an asset or an expense D. an…
A. paying wages by cash B. equipment purchased by cheque C. drawing by cheque D. purchase on credit Correct Answer:…
A. it has columns for debit and credit balances B. total of debit balance equals total of credit balance C.…
A. contra entry B. bank reconciliation C. self-balancing ledger D. reversal entry Correct Answer: Option A A. contra entry
A. discount column B. cash column C. bank column D. ledger folio Correct Answer: Option A A. discount column
A. every debtor must have a creditor B. every account debited must be immediately credited C. for every debit entry,…
A. database B. character C. byte D. record Correct Answer: Option A A. database Explanation Database - is an integrated…
A. manufacturing wages B. factory rent C. depreciation of machinery D. salary of factory guard Correct Answer: Option A A.…
A. firms providing personal services B. firms engaged solely in buying and selling of goods C. firms which make and…