by Sunday | Oct 3 | NABTEB QUESTIONS
Authorized Capital:- This is the amount which a public company is allowed to raise from the public for its business operations. It is also called registered or nominal capital, it is stated in the memorandum of association of company and approved by the registrar of...
by Sunday | Oct 3 | NABTEB QUESTIONS
Receipts Accounts: Are those items which a business received on cash basis rather than on credit basis. They include subscriptions, donations due and cash sales. They are always recorded on the debit side of receipts and payment accounts, whereas, payment accounts are...
by Sunday | Oct 3 | NABTEB QUESTIONS
Steps to be followed if a trial balance failed to balance are: i. Check whether both the debit and credit entries of all transaction have been posted. ii. Check the additions on both sides of the trial balance. iii. Check the figure posted to each of the account to...
by Sunday | Oct 3 | NABTEB QUESTIONS
Five steps for converting incomplete records and single entry accounts to double entry system are: i. Preparation of total debtors accounts so as to get the credit sales figure (missing). ii. Preparation of total creditor’s accounts so as to get the credit purchases...
by Sunday | Oct 2 | NABTEB QUESTIONS
Features of a receipt are: i. The name of the Company ii. The date iii. The serial number iv. The quantity and description columns for the goods or money paid v. The total amount paid written in words and figures. vi. Signature of the person who prepares the receipt....
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.