by Sunday | Oct 2 | NABTEB QUESTIONS
Features of an Income and Expenditure Account are: i. Only incomes meant for the year of accounting whether actually received or not will be accounted for ii. Only expenditures meant for the current year whether paid or not will be accounted for in the account iii. It...
by Sunday | Oct 2 | NABTEB QUESTIONS
Subscription in advance is the amount which members of club paid over and above the stipulated fee that should be paid as annual fees by members. It is a liability in the Balance Sheet, where as Subscription in arrears is the amount which members of a club have not...
by Sunday | Oct 2 | NABTEB QUESTIONS
Types of partners are: General partner, limited partner, active partners, sleeping or dormant partner and quiz partner or Nominal partner. i. General partner: This is a partner who is entitled to take full share in the administration and management of the partnership....
by Sunday | Oct 2 | NABTEB QUESTIONS
Items that are contained in partnership agreement are as follows: i. The name of the partners ii. The amount that each partner will contribute iii. The method of sharing profits and losses iv. Methods of admitting new partner v. Remuneration to be paid to active...
by Sunday | Oct 2 | NABTEB QUESTIONS
Goodwill: This is the good reputation which a business earned for quality products or services produced. It is an intangible asset and it is usually written off every year by certain percentage. It is the amount which an incoming partner pays to the existing...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.