A fall or decrease in the economic service potential of a...
A fall or decrease in the economic service potential of an asset as a result of wear, tear and obsolescence is referred to as
Estimate
Depreciation
Asset
Useful Life
Correct answer is B
Depreciation is the reduction in the economic service potentials of an asset as a result of wears, usuage, tears and passage of time.
A low current ratio in business indicates that the business is ...
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In the operation of an imprest of petty cash, the ...
Given: ........Jan. 2003.........Dec. 2003 Provision for bad debt........N1000 Debtors........
Zazzau Company: Cash in hand................N50 Cash in bank................N1 250 Stock..........
Purchase of goods for N1,000 from chukwu had been entered in Chukwura's account. This is an erro...
Which of the following is not an example of a fictitious asset? ...