\(\begin{array}{c|c} & N\\ \hline \text{Motor Van} &a...
Use the following information to answer the given question
NMotor Van120,000Buildings300,000Stock of goods40,000
In addition, he had cash ofN60,000 out of which N20,000 was borrowed from a friend. The capital of the business is
N520,000
N500,000
N480,000
N460,000
Correct answer is A
No explanation has been provided for this answer.
Capital receipt is collected ...
The debit ratio is approximately ...
How much selling and distribution expenses is apportioned to department M? ...
The fund in which all government receipt are paid is? ...
When expenses are paid on behalf of the venture, the accounting entries is to debit ...
Ant and Bee withdrew GH⊄ 14,000 and GH⊄ 10,000 respectively at 8% per annum from the partn...
The control accounting can be used in? ...
Which of the following serves the same purpose as a Trading Account? ...