A. cash book B. petty cash book C. general ledger D. credit notes Correct Answer: Option D - credit notes…
A. passes information through the sales day book B. has cash and bank column C. specifies the particular of goods…
A. N61 000 B. N58 000 C. N62000 D. N57 000 Correct Answer: Option C - N62000
A. N27 000 B. N23 000 C. N28 000 D. N20 500 Correct Answer: Option D - N20 500
A. Minister of Finance B. Chairman, Economic Advisory Committee C. Permanent secretary D. Minister of Economic Planning Correct Answer: Option…
A. Chairman B. Treasurer C. Director of personnel D. Auditor Correct Answer: Option A - Chairman
A. personal account B. real account C. nominal account D. cash account Correct Answer: Option B - real account Explanation…
A. debit stationery with N2,200 B. credit stationery with N1,800 C. debit stationery with N1,800 D. credit stationery with N2,200…
A. commission B. omission C. principle D. compensation Correct Answer: Option A - commission Explanation An error of principle is…
A. nominal, real and personal accounts B. fixed and current accounts C. management, financial and public sector accounting D. bank…