Which of the following fixed assets is not depreciable?
A. building B. tools C. land D. Motor van E. Furniture Correct Answer: Option C – land
A sales journal is used to record?
A. sales expenses B. cash sales C. credit sales D. sales return E. sales commission Correct Answer: Option C – credit sales
Which of the following is not a cause for the difference between bank statement balance and cash book balance?
A. bank charges B. presented cheque C. direct transfer D. standing order E. uncredited lodgements Correct Answer: Option B – presented cheque
Which of the following is the book of original entry for all payments and receipts whether by cash or cheque?
A. sales day book B. purchases day book C. cash book D. cheque book E. journal book Correct Answer: Option C – cash bookProducts
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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
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
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Customary Land Control and the Origins of Nigeria's Land Use Act
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
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Land Ownership Principles and Transaction Laws in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.