Purchasers - #44,880 Sales - #85,850 Trade creditors - #12,250 Trade debtors - #24,000 Accrued expenses - # 350 Prepaid…
Purchasers - #44,880 Sales - #85,850 Trade creditors - #12,250 Trade debtors - #24,000 Accrued expenses - # 350 Prepaid…
A. trading accounts B. profit and loss account C. balance sheet D. source and application of fund Correct Answer: Option…
A. application and allotment account and credit unsubscribed shares B. application and allotment account and credit cash C. oversubscribed shares…
Given: The Memorandum of Association of the Company The Article of Association of the Company The Incorporation documents A.…
A. business purchase account and ordinary share capital account B. Business purchase account, vendor account and ordinary share capital account…
Ngozi and Musa with a capital of #30,000 each decide to admit Mary into the partnership business with a capital…
A. Using the partners' profit and loss sharing ratio B. By neglecting the ratio of partners capital contributions C. By…
The partners capital are: Modibbo #60,000 and Jakata #90,000. The partners share profit and losses in the ratio of their…
The partners capital are: Modibbo #60,000 and Jakata #90,000. The partners share profit and losses in the ratio of their…