The person who is responsible for the formation of a company is called the
The person who is responsible for the formation of a company is called the A. promoter B. dividend…
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The amount of a company’s profit given to a shareholder is known as
The amount of a company’s profit given to a shareholder is known as A. premium B. dividend C.…
An expense becomes an accrual because it
An expense becomes an accrual because it A. is due for payment B. is a Profit and Loss…
The amount for which a business is sold is known as
The amount for which a business is sold is known as A. goodwill B. capital reserve C. purchase…
Use the following information to answer the given question Kudi Local Government Council incurred the…
Use the following information to answer the given question Kudi Local Government Council incurred the following expenditure in…
Use the following information to answer this question Kudi Local Government Council incurred the following…
Use the following information to answer this question Kudi Local Government Council incurred the following expenditure in 1995:…
A cash discount is a
A cash discount is a A. Trading Account item B. Profit and Loss Account item C. Appropriation Account…
Which of the following is not a personal account?
Which of the following is not a personal account? A. Bolaji Account B. Drawings Account C. P.Z. Plc…
A real account is the account of
A real account is the account of A. expenses or losses B. gains or income C. physical tangible…
Where a business is purchased, the full amount of the purchase consideration is credited to
Where a business is purchased, the full amount of the purchase consideration is credited to A. Purchase of…