The amount by which assets exceed specific liabilities is...
The amount by which assets exceed specific liabilities is called
Reserve
Provision
Premium
Bonus
Correct answer is A
No explanation has been provided for this answer.
When bank charges are deducted from a customer's account, the balance on the bank statement woul...
Trading Account (Extract) .................N.............................N...... Opening stock.....
The statement of assets and liabilities in the public sector can be described as the? ...
Cash received from the subscribed shares is recorded by debting? ...
"A business unit is assumed to operate into foreseeable future and earn reasonable net income&q...
The part of capital issued only at the time of liquidation of the company is ...
The following transactions relate to Osei Enterprises for the year ended 31st December 2020. ...