Which of the following is not a revenue receipt?

The amount of goodwill was?

Use the following information to answer this question A business whose assets consisted of stock N15,000 and debtors N8,000 was bought by issuing 20,000 ordinary shares of N1 each at a premium of 20 percent. A. N4,000 B. N3,000 C. N2,000 D. N1,6000 E. N1,000 Correct...
Which of the following is not a revenue receipt?

The purchase consideration was?

Use the following information to answer this question A business whose assets consisted of stock N15,000 and debtors N8,000 was bought by issuing 20,000 ordinary shares of N1 each at a premium of 20 percent. A. N24,000 B. N23,000 C. N20,000 D. N15,000 E. N8,000...

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