Expenses incurred but not yet paid is
...Expenses incurred but not yet paid is
Contigent liability
Current liability
Current asset
Fixed asset
Capital expenditure
Correct answer is B
No explanation has been provided for this answer.
Use the following to answer the given question BALANCE SHEET: \(\begin{array}{c|c} & N &am...
If cheques of N40,000 were received but a cheque of N8,000 was dishonoured, the amount owed was ...
The documents that provide instant information to firms on their tranactions with banks are ...
The document which advertises the sale of shares of a company is a/an ...
The costs of acquiring fixed assets and bringing them into the firm is a ...
An item that would be classified as preliminary expenses in a company's account is ...