Use the following information to answer the given questio...
Use the following information to answer the given question
NNOrdinary Share Capital140,000Plant and Machinery100,00080% Preference share63,000Furniture62,000Retained earnings40,000Motor Van75,00010% Debentures60,000Stock22,000Creditors10,000Debtors26,000Accrued wages12,000Bank40,000¯325,000¯325,000
What is the working capital?
N180,000
N140,000
N88,000
N66,000
Correct answer is D
No explanation has been provided for this answer.
On the dissolution of a partnership business,the net book value of the assets is transferred to? ...
The N6,000 subscription received is? ...
UCHENNA ENTERPRISES: Balance sheet as at 31st December, 1993 \(\begin{array}{c|c} & N & N &a...
Which of the following is a current asset item? ...
A receipt is an evidence of ...
Which of the following is a credit item in creditors ledger control account? ...
The total of the discount from creditors is transferred to ...
Sale of goods for N600 to Ade was not posted, This is an error of ...
In a period of declining price, which of the following methods would result in higher profit? ...