An excess of the value of the assets over the purchases c...
An excess of the value of the assets over the purchases consideration for acquisition of business is credited to
General reserve
Capital reserve
Goodwill
Current asset
Share capital
Correct answer is B
No explanation has been provided for this answer.
The balance on the sales ledger control account at the end of the accounting year represents a ...
Given: Sales Ledger Control Account (Extracts) Balance b/f N10,600 Total cash payments by debtors...
The term bad debt is used to describe ...
Shares are sold at less than nominal value. They are issued at a ...
Debentures issued at a price above the nominal value are said to be issued ...
Receipt and payments: 31st December 2016 Cash at bank------460 Ne...
Which of the following is shown in the profit and loss appropriation account of a company? ...