Which of the following is not a debit item in the partner...
Which of the following is not a debit item in the partnership profit and loss appropriation account?
interest on partners drawings
parners salaries
interest on partners capital
share of profit
Correct answer is A
No explanation has been provided for this answer.
As a basis for assessing future usage, fixed assets are shown at ...
Chukwu's Capital at 1/1/89 and 31/12/89 were N30,000 and N50,000 respectively. During the year h...
In partnership dissolution, an asset taken over by a partner is debited to? ...
The purchases Ledger control Account is also referred to as ...