by Sunday | Dec 5 | Accounting JAMB
A. debited to the partners’ capital account B. debited to the realization account C. debited to the cash account D. credited to the realization account Correct Answer: Option D – credited to the realization account
by Sunday | Dec 5 | Accounting JAMB
Use the information below to answer the question. Stock (1/1/02) at selling price……….N2000 Goods sent to branch (selling price)…..N? Sales by branch (selling price)……….N4500 Stock...
by Sunday | Dec 5 | Accounting JAMB
Use the information below to answer question Stock (1/1/02) at selling price……….N2000 Goods sent to branch (selling price)…..N? Sales by branch (selling price)……….N4500 Stock...
by Sunday | Dec 5 | Accounting JAMB
(i) Profits and losses will be shared unequally. (ii) Interest is not allowed on capital. (iii) Salaries are not allowed. (iv) Interest is charged on drawings. A. i only B. i, ii and iii C. i, ii and iv D. ii and iii Correct Answer: Option C – i, ii and...
by Sunday | Dec 5 | Accounting JAMB
Given: Stock at start: Raw materials…………….N57 000 Work-in-progress………….N42 000 Finished goods……………N71 000 Purchase of raw materials amount to N81 000, direct labour is N38 000 and...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.