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.
\(\begin{array}{c|c} \text{Cost of motor vehicle - 1\1\12} & ₦ 85,000 \\ \text{Residual value}...
The account which refers to the tangible assets of a company that is of permanent nature is the ...
Reccurrent expenditure of government is paid from ...
Tale LTd. has 100,000 ordinary shares of ₦1 each and 60,000 5% preference shares of ₦1 each. Bot...
Use the following to answer the given question \(\begin{array}{c|c} & N & & N \\ \h...
An item of appropriation in partnership profit and loss account is ...
A business organization prepares departmental account in order to ...
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The accounting concept which is the basis upon which assets of a business are valued is the ...