by Sunday | Dec 7 | Accounting JAMB
A. a current asset B. a current liability C. capital D. drawings Correct Answer: Option A – a current asset
by Sunday | Dec 7 | Accounting JAMB
A. liabilities B. equities C. assets D. capital Correct Answer: Option A – liabilities
by Sunday | Dec 7 | Accounting JAMB
A. amount due to creditors B. actual cost of an asset C. selling price of goods D. amount due from debtors Correct Answer: Option C – selling price of goods
by Sunday | Dec 7 | Accounting JAMB
A. a decrease in current assets B. an increase in liabilities and assets C. a decrease in assets and capital D. an increase in liabilities and a decrease in assets Correct Answer: Option C – a decrease in assets and capital
by Sunday | Dec 7 | Accounting JAMB
A. consistency B. materiality C. objectivity D. realization Correct Answer: Option A – consistency