A. No of employees B. stock value C. space occupied D. wages Correct Answer: Option C - space occupied Explanation…
The rent expense for Trendy store is ₦3500. Trendy store has three departments; jewelry, hair dressing, and clothing. The floor…
A. Overall performance of a division B. Cost per unit of a profit C. Price per unit of a product…
A. Stock and repayment B. Creditors and cash in transit C. Stock and cash in transit D. Debtors and cash…
A. Cost price B. cost plus mark up C. Selling price D. Market price Correct Answer: Option B - cost…
A. Sule1/3, Ahmed1/3, Khadija 1/3 B. Sule1/3, Ahmed1/3, Khadija 1/3 C. Sule1/5, Ahmed1/5, Khadija3/5 D. Sule2/5, Ahmed1/5, Khadija2/5 Correct Answer:…
A. A constitution B. A law C. A deed D. An article Correct Answer: Option C - A deed Explanation…
A. An amount should be fixed as salaries for partners B. Profits and losses should not be shared equally C.…
A. Accruals B. inventory C. subscription D. depreciation Correct Answer: Option C - subscription Explanation is adjusted for in the…
Tea and Cup are into a partnership business. Interests on drawings made by partners are at 10% per annum. Tea’s…