A service which a firm has enjoyed, but has not yet been ...
A service which a firm has enjoyed, but has not yet been paid for is
Accrued expense
Preliminary expense
Prepaid expense
Overhead expense
Correct answer is A
No explanation has been provided for this answer.
Use the information to answer the given question. \(\begin{array}{c|c} & D\\ \text{Opening ...
Profit expressed as a proportion of cost price is known as ...
Which of the following accounts has a credit balance? ...
Sale of goods for N600 to Ade was not posted, This is an error of ...
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...
Goodwill appears in the books of a business only if it has been ...
Which of the following is an advantage of the imprest system? ...