The double entry for refund of unsuccessful application m...
The double entry for refund of unsuccessful application monies is debit
Application for shares account, credit bank account
Bank account, credit application for shares account
Allotment account, credit bank account
Cash account, credit bank account
Correct answer is A
No explanation has been provided for this answer.
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
One of the limitations of accounting is that ...
Which of the following does not form part of shareholders fund? ...
An ordinary share of ₦100 was issued at ₦80. The share was issued at ...
Given: Net profit b/d.....................N10,000 Interest on capital:...M...........N2,000 ......
Which of the following is not an inventory costing method? ...