\(\begin{array}{c|c} & J. Chike & B. Balla \\ &am...
Use the following information to answer he given question
J.ChikeB.BallaNNCurrent Accounts balance(1/4/98)4,0006,000Current Accounts balance (1/4/99)7,000?Drawings1,5001,500Share of net profit?2,500
What is chike's share of profit from the partnership for the year ended 31/3/99 ?
N8,500
N7,000
N5,500
N4,500
Correct answer is D
No explanation has been provided for this answer.
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS ...
A three column cash book contains column for ...
Provision for bad debt 1500 Additional information 1. Bad debt written off amount to 3000 2. ...
The authority to transfer fund from one head to another within the same organization is called ...
Use the following information to answer the given question \(\begin{array}{c|c} & DR & CR...
The total of the sales journal is posted to the ...
The purchases Ledger control Account is also referred to as ...
\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{...