A. trader's account B. cash book C. purchases account D. sales account E. customers account Correct Answer: Option D -…
A. capital B. loan C. reserve D. drawings E. profit Correct Answer: Option A - capital
A. a total payment of N180 B. a gross receipt of N180 C. a left over of N180 in the…
A. a fixed sum set aside for the replacement of the asset B. a fixed percentage of the balance of…
A. debited to the provision account and credited to profit and loss account B. debited to the asset account and…
A. debt purchases ledger control accoun only B. debit both purchases account and purchases ledger control account C. credit purchases…
A. debiying the profit and loss account B. debiting the trading account C. debiting the sales account D. crediting the…
A. credit side of the profit and loss account B. credit side of the trading account C. credit side of…
A. balance sheet B. sales account C. profit and loss account D. trading account E. manufacturing account Correct Answer: Option…
A. 3,186 B. N2,255 C. N2,175 D. N2,055 E. N1,935 Correct Answer: Option B - N2,255