A trader paid N15,000 on rent for 15 months but charged N...
A trader paid N15,000 on rent for 15 months but charged N12,000 to the profit and loss Account for the year. This is the concept of
Accrual
Materiality
Prudence
Going-corncern
Correct answer is B
No explanation has been provided for this answer.
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Tale LTd. has 100,000 ordinary shares of ₦1 each and 60,000 5% preference shares of ₦1 each. Bot...
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