The current growth in the volume of trading and financial...
The current growth in the volume of trading and financial dealings in nigerian is helped by?
Credit as a factor in business
Payments for goods in cash
Increased financial activities
Government intervention
Correct answer is C
Financing activities are transactions or business events that affect long-term liabilities and equity. In other words, financing activities are transactions with creditors or investors used to fund either company operations or expansions. These transactions are the third set of cash activities displayed on the statement of cash flows.
April 11: Sold goods for cash N50,000 April 20: Bought goods for cash N30,000 April 26: Boug...
Which of the following items is found on the debit side of the trial balance? ...
Given: Fixtures-#30,000 Debtors-#7,000 Stock- #8,000 Creditors-#3,000 Goodwill-#10,000 Deter...
As a basis for assessing future usage, fixed assets are shown at ...
Which of the following is in the personal Ledger? ...