In a three-column cash book, dishonored cheques will be shown on the
In a three-column cash book, dishonored cheques will be shown on the A. bank column (debit) B. bank…
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Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total…
Ibrahim, a micro business operator, sold 10 bags of sugar to Jide at a total cost of #12,000.…
Akirika bought a motor van for his business by cash. The entries are to debit
Akirika bought a motor van for his business by cash. The entries are to debit A. motor van…
The correct posting in a double entry system of account when there is an increase…
The correct posting in a double entry system of account when there is an increase in double assets,…
The capital of a sole trader can be increased by
The capital of a sole trader can be increased by A. debiting the capital account B. crediting the…
An accountant must not only be interested in record keeping but also in
An accountant must not only be interested in record keeping but also in A. the application of professional…
The basis upon which assets of an organization is valued is the
The basis upon which assets of an organization is valued is the A. historical concept B. business entity…
A chain store is known as?
A chain store is known as? A. department store B. multiple store C. supermarket D. hypermarket Correct Answer:…
An unfavourable balance of trade for a country means that her?
An unfavourable balance of trade for a country means that her? A. imports exceed exports B. visible exports…
Alabede (NIG) limited issued 50 000 ordinary shares of N1 each at a market value…
Alabede (NIG) limited issued 50 000 ordinary shares of N1 each at a market value of N2.50 each.…