A. National Assembly B. Chief Justice C. The president D. Head of Service Correct Answer: Option C - The president
A. Receipt cash book B. Payment cash book C. Petty cash book D. Treasury cash book Correct Answer: Option D…
A. consolidated revenue fund B. development fund C. contingency fund D. special fund Correct Answer: Option A - consolidated revenue…
A. fees B. taxes C. fines D. royalties Correct Answer: Option C - fines
A. creditors B. debtors C. preference shareholders D. deferred shareholders Correct Answer: Option D - deferred shareholders
A. application, allotment and crediting cash B. allotment and crediting cash C. cash and crediting subscribed shares D. cash, crediting…
A. fixed tangible asset B. current asset C. fictitious asset D. liquid asset Correct Answer: Option C - fictitious asset
A. partners capital account and credited to realization account B. Partners capital account and credited to asset account C. asset…
A. credit partners capital account B. debit partners capital account C. credit drawings account D. debit drawings account Correct Answer:…
Given: Capital: ......G........... N5 000 ...................T............ N8 000 Drawings: G.............. N2 000 .................T................N1 000 Interest on capital..10% Interest on Drawings..5%…