One of the advantage of the shortcomings of single entry ...
One of the advantage of the shortcomings of single entry procedures is that
A trial balance is not available
Profits are overestimated
There are no subsidiary books
There are no control accounts
Correct answer is A
No explanation has been provided for this answer.
The method of ascertaining capital from income record is by preparing the ...
Which of the following is the personal ledger? ...
Club building 400,000 Subscription prepaid 3,000 Sport kits 150,000 Bar creditors 85,000 Subscri...
The current growth in the volume of trading and financial dealings in Nigeria is helped by? ...
The purchase of two generators by Hassan Electronics Enterprises should be recorded as? ...
Given: 31/12/98 31/12/99 Assets: Plant and Mach. N1,500 N1,200 Fixtures N700 N520 Stock N500 N6...
Which of the following account is kept by local governments in Nigeria? ...