A payment of N150 to a credit?
A. an increase in assets only B. a reduction of assets only C. a reduction in assets and liabilities D. an increase in assets and liabilities E. a reduction in the bank account Correct Answer: Option C – a reduction in assets and...
Which of the following are examples of Nominal account?
A. land and insurance B. cash and interest C. building and cash D. machinery and wages E. rent and discount Correct Answer: Option E – rent and discount
The total debtor’s account of a trading concern is N13,000. Out of this 2 percent is irrecoverable; 5 percent of the balance is unlikely to be collected. Bad debts is?
A. N910 B. N650 C. N637 D. N377 E. N260 Correct Answer: Option E – N260
The total debtors account of a trading concern is N13,000. Out of this 2 percent is irrecoverable; 5 percent of the balance is unlikely to be collected. What is the provision for doubtful debts?
A. N910 B. N650 C. N637 D. N377 E. N260 Correct Answer: Option B – N650Products
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Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
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Co-Ownership Structures and Land Acquisition Methods in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
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Rights in Community Land and Fundamental Land Concepts in Nigeria
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Customary Land Control and the Origins of Nigeria's Land Use Act
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Land Ownership Principles and Transaction Laws in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.