Issued capital.................100,000
Ordinary sh...
Use the following information to answer the given question:
Issued capital.................100,000
Ordinary shares................40,000
Preference shares..............30,000
Reserves.......................10,000
Debentures.....................60,000
Current........................150,000
Fixed assets...................90,000
Current assets.................240,000
What is the total of Net Assets of the business?
N200,000
N180,000
N160,000
N150,000
N140,000
Correct answer is B
No explanation has been provided for this answer.
The major focus of the trading account is to show ...
Ordinary shareholders received dividend before? ...
A credit purchase of N200 from Osae was posted to the account of Osei. This is an error of ...
Which of the following is not shown in the trial balance? ...
The accounting entries when goods are sold on credit at the branch are debit ...
Given: 31/12/98 31/12/99 Assets: Plant and Mach. N1,500 N1,200 Fixtures N700 N520 Stock N500 N6...
\(\begin{array}{c|c} & ₦ \\ \hline \text{Net profit} & 60,000\\ \text{Total assets} & ...
The principal function of a sales ledger control account is to ...