Where there are no proper books of account, the capital a...
Where there are no proper books of account, the capital at the commencement of a period is ascertained by preparing
Total Debtors and Creditors Accounts
Bank Reconciliation Statement
Statement of Affairs
Trading, Profit and Loss Accounts
Balance Sheet
Correct answer is C
No explanation has been provided for this answer.
The correct sequence in data processing is ...
\(\begin{array}{c|c} \text{1/1/06 Debtors} & D2,600\\ \text{1/1/06 Provision for bad debts} &a...
Sales--------------- 120,000 Purchase-----------100,000 Opening stock-----10,000 Closing stock---...
Which of the following is a not revealed by a firm's accounting records? ...
Which of the following is a debit entry in debtors control account? ...
Maimalari Ltd had (i) Earning per share 47k (ii) Dividend per share 30k (iii) P...
Goods worth N300 was transferred from department Q to P Similarly, P's total expenses for the pe...
i. Operating machines ii. Furniture iii. Fixtures and fitting iv. Loan from friends V. Creditors...
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...