by Sunday | Oct 3 | NABTEB QUESTIONS
Features of capital A/C i. They are expenditure on fixed assets ii. Benefits of capital expenditure are not fully derived within the accounting period. They are long term expenditure iii. It results in increase figures for fixed assets in the balance sheet. iv....
by Sunday | Oct 3 | NABTEB QUESTIONS
Income and expenditure account is aimed at determining the surplus of income over expenditure or deficit or expenditure over income of a non-profit making organisation.
by Sunday | Oct 3 | NABTEB QUESTIONS
i. Capital ii. Net profit iii. Net loss iv. Drawing v. Creditors vi. Debtors vii. Cash at hand viii. Cash at bank ix. Motor vehicle x. Stock xi. Furniture & fittings xii....
by Sunday | Oct 3 | NABTEB QUESTIONS
i. Memorandum of association is a document forming the constitution of a company and defining its objective and power with regards to its dealing with the outside word. It is a document containing the rules sand regulation which govern the external relationship of a...
by Sunday | Oct 3 | NABTEB QUESTIONS
i. Plant and machinery ii. Motor lorries iii. Rent and rates iv. Insurances v. Speed post delivery vi. Glo calls vii. Debtors viii. Creditors ix. Leased hold premises x. M. bala and company limited. Personal A/C Real A/C Normal A/C M. bala company Ltd Plant &...