The basis of accounting which eliminates debtors and cred...
The basis of accounting which eliminates debtors and creditors is
cash basis
accral basis
fund basis
commitment basis
Correct answer is A
No explanation has been provided for this answer.
How much rent is apportioned to department K? ...
When goods are purchased on account, the accounting entries are ...
The discount column on the left-hand side of cashbook represents a discount ...
Beauty started business with ₦40,000, made a profit of ₦50,000 and ended the year with ₦70,000...
Which of the following does not relate to a manufacturing concern? ...
A trader adds 25% on cost as profit. The profit on sales of $300,000 would be ...
N Net profit -------------------------17,460 Capital account: Taiwo--------50,000 &...