From the data below; calculate the returns on equity?
Gross earnings……………………N950 000 Current liabilities……………….N100 000 Operating expenses………………..N350 000 10%...
After receiving the financial statement the Auditor General of the Federation must submit a report to the National Assembly within?
A. 60 days B. 30 days C. 120 days D. 90 days Correct Answer: Option B – 30 days
Tunde purchased goods from Femi by cash worth N1000 with 10% cash discount. Tunde’s ledger control account is to be?
A. deited by N100 B. credited by N100 C. credited by N1000 D. deited by N1000 Correct Answer: Option A – deited by N100
The difference in the sales ledger control account is transferred to the?
A. profit and loss account B. sales account C. balance sheet D. trading account Correct Answer: Option D – trading accountProducts
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Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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Co-Ownership Structures and Land Acquisition Methods in Nigeria
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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
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