Where there are no proper books of account, the capital at the commencement of a period is ascertained by preparing

Similar Questions

i) Cash at bank (ii) Cash in hand (iii) Premises (iv) Land (v)Creditors (vi)loan from friends/bank....

A real account is the account of ...

The journal has the following headings except ...

\(\begin{array}{c|c} & ₦\\ \hline \text{Opening debtors} & 40,000\\ \text{Opening creditor...

i. Space occupied by each department. ii. Average value of stock held by each department. iii. Dep...

Mr Bassey purchased a motor vehicle for use in his business and debited the purchases account with t...

Which of the following activities will increase profits? ...

A piece of equipment costing N120,000 was purchased on 1/1/1996. Depreciation was provided at 20% pe...

One of the options below is not the source of income for non- profit organization ...

The importance of bank statement is all except ...