Subscription received during the year N30,000
Subs...
Subscription received during the year N30,000
Subscription owed last year N4,000
Subscription received for next year N6,000
The N6,000 subscription received is?
Current asset
Current liability
Fixed asset
Capital
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not a Nominal Account? ...
When discount is allowed, the accounting entry is debit Discount allowed and credit ...
The method of ascertaining capital from income record is by preparing the ...
An effective accounting system should provide information ...
The document used in government accounting to shoe evidence of cash receipt and payments is the ...
Given: Fixtures-#30,000 Debtors-#7,000 Stock- #8,000 Creditors-#3,000 Goodwill-#10,000 Deter...
Given: Ordinary share dividend ₦100,000, General reserve ₦4,100, Net profit b/d ₦27,370, corp...
"A business unit is assumed to operate into foreseeable future and earn reasonable net income&q...
Which of the following is a debit item in the sales ledger control account? ...