What is the effect on a firm for making a payment of N10,...
What is the effect on a firm for making a payment of N10,000 to creditor? its liabilities
Decrease and its assets decrease
Increase and its assets decrease
Decrease and its assets increase
Increase and its assets increase
Correct answer is D
No explanation has been provided for this answer.
The formular for calculating depreciation using straight line method is ...
The item on the credit side of the trading account is the? ...
Which of the following does not lead to depreciation assets? ...
In analyzing incomplete records, which of the following should be investigated? ...
A service which a firm has enjoyed, but has not yet been paid for is ...
Given: Light expenses...................N400 Purchases........................N3,000 Sales..........
Which of the following is not credited to debtors control account? ...