Halidu and Hamed are business partners with N30,000 and N...
Halidu and Hamed are business partners with N30,000 and N20,000 capital respectively. At the end of the financial year, a profit of N12,000, which included Halidu's salary of N3,000 was made.
Halidu's share of the profit is
N7,500
N6,000
N5,400
N4,500
Correct answer is C
No explanation has been provided for this answer.
Final accounts of a not-for-profit making organization is made up of ...
Use the information to answer the question given. \(\begin{array}{c|c} \text{Cost of motor vehi...
One of the characteristics of useful accounting information is------ ...
Which of the following items will not be entered in the adjusted cash book? ...
Use the information below to answer this question. \(\begin{array}{c|c} \text{Stock} & 11,250...
Use the information below to answer this question. \(\begin{array}{c|c} \text{Stock} & 11,250...
Derive the total sales figure from the following information extracted from a firm's cash book a...
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS ...