The part of equity which is payable on winding up is call...
The part of equity which is payable on winding up is called?
General reserve
Revenue reserve
Capital reserve
Normal reserve
Correct answer is B
No explanation has been provided for this answer.
Accounting evolved out of the need of businesses for ...
The major source of revenue for central/federal government is ...
Discount allowed is shown in financial statements as ...
\(\begin{array}{c|c} & N \\ \hline \text{Stock Jan 1} & 2600 \\ \hline \text{Purchases} & 4000 \\...
\(\begin{array}{c|c} & N \\ \hline \text{Fixed assets} & 12,000 \\ \text{Current assets} &am...