Gavon. Ltd. failed to record N2,000 wages. The error committed is that of
Gavon. Ltd. failed to record N2,000 wages. The error committed is that of A. omission B. commission C.…
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Which of the following is a Revenue Income?
Which of the following is a Revenue Income? A. the sale proceeds of an old table B. the…
Trade debts amounting to N300 were written off. Which of the following would be affected?
Trade debts amounting to N300 were written off. Which of the following would be affected? A. purchases B.…
A partner’s drawing is debited to
A partner’s drawing is debited to A. profit and loss appropriation account B. interest account C. loan account…
Which of the following is the most liquid?
Which of the following is the most liquid? A. land and buildings B. cash at bank C. machinery…
Which of the following is the most liquid?
Which of the following is the most liquid? A. land and buildings B. cash at bank C. machinery…
The term bad debts means debts
The term bad debts means debts A. recorded in wrong account B. owed by an employee C. paid…
The equivalent of a club’s Receipt and payment account is
The equivalent of a club’s Receipt and payment account is A. cash account B. revenue account C. trading…
Cash stolen from branch-taking s is recorded in the Head Office books by debiting
Cash stolen from branch-taking s is recorded in the Head Office books by debiting A. defalcations account and…
A trial balance is a proof of accuracy of
A trial balance is a proof of accuracy of A. transactions B. final accounts C. double entry in…