Expenses accured at the end of the accounting year is tre...
Expenses accured at the end of the accounting year is treated in the balance sheets as
Current assets
Current liability
Fixed assets
Long-term liability
Correct answer is B
No explanation has been provided for this answer.
The statement of affairs prepared from incomplete records can be described as? ...
Given: Opening cash balance N20,000 Sales of match tickets N15,000 Clearing of pitch N1,200 Refr...
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
The trading account is usually headed ...
Cash receipts and payments involving discounts are entered in ...
Which of the following is not a revenue to a local government? ...