Abba offers 5% cash discount on goods worth N10000. The discount allowed account is to be?

What are the current assets?

Use the information below to answer the question Cash at bank Cash in hand Premises Land Creditors loan from friends/bank. A. i and ii B. i and v C. ii and iv D. iii and v Correct Answer: Option A – i and...
Abba offers 5% cash discount on goods worth N10000. The discount allowed account is to be?

Determine the fixed assets?

Use the information below to answer the question Cash at bank Cash in hand Premises Land Creditors loan from friends/bank. A. i and v B. ii and iv C. ii and vi D. iii and iv Correct Answer: Option D – iii and...

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