A rent received by a trader for sub-letting part of his b...
A rent received by a trader for sub-letting part of his business premises should be added to the?
Gross profit
Total profit
Net profit
Total revenue
Correct answer is A
No explanation has been provided for this answer.
$ Trade creditors (31/12/2020) ...
Which of these will not appear in the preparation of control account? I. Bad debts II. Discounts ...
The purchases Ledger control Account is also referred to as ...
\(\begin{array}{c|c} & Baba & Tude\\ & N & N \\ \hline \text{Capital Accounts 1 Janu...
\(\begin{array}{c|c} & & ₦\\ \hline \text{Raw materials} & \text{stock 1/1/2000} &...
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...