Which of the following items is a current liability?
...Which of the following items is a current liability?
Stock of raw material
Cash in hand
Bills payable
Cash at bank
Correct answer is C
Current liabilities are amounts due to be paid to creditors within twelve months.
The following are common examples of current liabilities:
A debit entry in a fixed asset account represents ...
A chain store is known as? ...
The gross loss on manufacturing is always transferred to the? ...
Which of the following items of expense involves actual cash payment? ...
Which of the following accounts or statements is used to determine credit purchase figures in i...
Which of the following formulae is used to calculate stock turnover rate? ...
Uche returned goods worth N1,500 to Udo. Uche should receive ...
Sales ledger balances 01/06/12------ 9,000 30/06/12------------------------------------30,000 ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hline...