A credit balance is

Similar Questions

In a professional partnership, membership must be between ...

Which of the following is an example of factory overheads? ...

Subscription in advance is treated in the balance sheet as a ...

Maro Merchant Bank plc is to issue N500,000 ordinary shares of 50k each at N 3.00 per share. Applic...

The suspense account is used to correct book-keeping error where the ...

When both debit and credit entries of a transaction are shown in the cash book, it is described as ...

Goods worth N300 was transferred from department Q to P Similarly, P's total expenses for the pe...

Ajem and Ogah were in partnership sharing profits and losses in the ratio 2:3. Interest on capital a...

\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of raw materials} & 8,000\\ \text{Pur...

Palaju Enterprises had fixed assets costing N900,000 with provision for depreciation of N150,000 wer...