An amount set aside out of profit for a specific purpose ...
An amount set aside out of profit for a specific purpose is a
Reserve
Liability
Provision
Discount
Correct answer is A
No explanation has been provided for this answer.
Use the following to answer the given question BALANCE SHEET: \(\begin{array}{c|c} & N &am...
\(\begin{array}{c|c} Capital & Le\\ Aye & 20,000\\ Bee & 30,000\\ Drawings & \\ Aye ...
......................... Departments ........................... &...
Given: Ordinary share dividend ₦100,000, General reserve ₦4,100, Net profit b/d ₦27,370, corp...
Given: Shaku Company Ltd. Stock..........................N3,600,000 Cash at hand..................
The difference between factory cost of goods produced and its market value is ...