The cash realized from the sale of asset on dissolution o...
The cash realized from the sale of asset on dissolution of partnership is
Debited to cash account and credit to asset account
Credited to cash account and debited to asset account
Debited to cash account and credited realisation account and credited to realisation account
Credited to cash account and debited to realisation account
Debited to realisation account abnd credited to asset account
Correct answer is C
No explanation has been provided for this answer.
Capital receipt is collected ...
The following are importance of branch account except ...
Quick ratio is calculated as X-Y:Z, where ...
Sales--------------- 120,000 Purchase-----------100,000 Opening stock-----10,000 Closing stock---...
Opening capital ---10,800 Drawings----------- 2,500 Trade creditors ----2,560 Trade debtors -----...
Which of the following does not appear on the debit side of a company's profit and loss appropri...
Zazzau Company: Cash in hand................N50 Cash in bank................N1,250 Stock..........