The major distinguishing element between the final accoun...
The major distinguishing element between the final account of a partnership and that of a sole trader is the
Drawing account
Capital account
Creditor account
Appropriation account
Correct answer is B
The Major Difference Of The Financial Statement between a Sole Proprietorship And Partnership is More than one capital account. The number of capital accounts depends on the number of partners in the Partnership concern. Profit & loss is distributed to the partners' capital account according to the agreed ratio
A credit entry is made in the plant and machinery account for the ...................... ...
Adamu Stores bought accessories from Mu'azu Beverages for N400 on credit. A trade discount of 10...
The yearly depreciation using the straight line method would be? ...
In a not for profit making organization, the excess of income over expenditure is ...
The excess of assets over liabilities in a not for profit organization is.......... ...
Cost classification in relation to charges is determined by the level of? ...
Use the following information to answer the given question \(\begin{array}{c|c} & DR & CR...
Yahya's bank account shows a credit balance of N1500,000. He paid N1700,000 into the bank. What...