In a partnership business, the net profit serves as openi...
In a partnership business, the net profit serves as opening figure for
Trading account
Profit and loss account
Current account
Appropriation account
Correct answer is D
No explanation has been provided for this answer.
July 1 - Started business with #10,500 July 31- Paid Agromachinex #6,000 owing them The double ...
Which of the following is not contained in the sales ledger control account? ...
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Which of the following accounts belongs to the private ledger? ...
The principle use of control accounts is to ...
The maximum amount which a company can raise by way of selling share is ...
Which of the following are Personal Accounts? i. wages ii. debtors ii. creditors iv. buildings ...