A disadvantage of single entry system of book-keeping is ...
A disadvantage of single entry system of book-keeping is that
The profit for the period is reduced
It is difficult to determine profit for the period
Total sales for the period is reduced
The owner of the firm withdraws money from the enterprise
Correct answer is B
No explanation has been provided for this answer.
A debit balance of N1,000 in cash account means that ...
Subsidiary books of account are used to record transactions ...
Use the following information to answer the given question \(\begin{array}{c|c} & N & &...
One of the advantages of control account is that ...
Provision for depreciation on delivery van is charged to ...
A fall in the value of a fixed asset due to technological changes is described as? ...
Which of the following is not a characteristic of trial balance? ...
The salary of the chief Justice of the Federation is paid from the? ...