A. interest on partners' capital B. interest on partners' loan C. employees' salaries D. partners' drawings Correct Answer: Option A…
A. a decrease in the value of asset has no effect on value of goodwill B. an increase in the…
A. members' equity B. share capital C. general fund D. surplus fund Correct Answer: Option A - members' equity
Maimalari Ltd had Earning per share 47k Dividend per share 30k Par value of each share N1.20 Market price per…
Maimalari Ltd had (i) Earning per share 47k (ii) Dividend per share 30k (iii) Par value of each share N1.20…
Given: Opening cash balance N20,000 Sales of match tickets N15,000 Clearing of pitch N1,200 Refreshments N3,500 Referees' allowance N1,000 Cost…
A. compensation of vendors by the purchase B. admission of a new partner C. purchase of rights of a dead…
A. Arrears of current year's subscription B. Salary arrears paid in the current year C. Rental income received in advance…
Maro Merchant Bank plc is to issue N500,000 ordinary shares of 50k each at N 3.00 per share. Applications were…
Maro Merchant Bank plc is to issue N500,000 ordinary shares of 50k each at N 3.00 per share. Applications were…