The accounting entry for cash realized from the sale of a...
The accounting entry for cash realized from the sale of assets on the dissolution of a partnership is debit......
Cash account, credit partners capital account
Asset account; credit cash account
Cash account; credit realization account
Realization account; credit cash account
Correct answer is C
No explanation has been provided for this answer.
Subsidiary books of account are used to record transactions ...
The salary of a shop keeper who sells goods would be charged in the ...
The basis of accounting which eliminates debtors and creditors is ...
Issue of prospectus is an invitation to members of the public to ...
Which of the following is a nominal account? ...
The amount of subscriptions accrued is reported in the balance sheet under ...
Given: Bank overdraft..............N2000 Cash........................N2000 Furniture................
The receipt from a special tax levy to pay maturing interest obligation are recorded in ...