The amount for which a business is sold is
...The amount for which a business is sold is
Purchase consideration
Premium
Capital reserve
Goodwill
Correct answer is A
No explanation has been provided for this answer.
Which of the following items is a current liability? ...
\(\begin{array}{c|c} July & 1 & \text{cash in hand, N420, Cash at Bank} & N6,500 \\ &...
The total of the discount from creditors is transferred to ...
The summary of receipts and payments account represent? ...
\(\begin{array}{c|c} & ₦\\ \hline \text{Opening debtors} & 40,000\\ \text{Opening creditor...
Sale of goods for N600 to Ade was not posted, This is an error of ...
Ant and Bee withdrew GH⊄ 14,000 and GH⊄ 10,000 respectively at 8% per annum from the partn...
The account that shows both the cash and bank transactions of an enterprise is ...