Capital for a profit making organization is generated thr...
Capital for a profit making organization is generated through
Subscription
Shares
Donation
Gift
Correct answer is B
Share: profit making organizations use different shares such as ordinary and preference shares to source for money from the public
In a non-profit making organisation, the excess of Assets over liabilities equals ...
The loss made by a non-trading organization is called ...
The accounts maintained in the nominal ledger are ...
Which of the following are on the bank statement before reconciliation? i. standing order&nbs...
\(\begin{array}{c|c} & ₦\\ \hline \text{Opening stock} & 40,000\\ \text{Purchases} & 1...
Miscellaneous expense is 10% of revenue Calculate the net income. ...