The Accounting term used to describe a partnership firm t...
The Accounting term used to describe a partnership firm that stops operation and disposes its assets is
Amortization
Revaluation
Realization
Dissolution
Correct answer is D
Dissolution of partnership is the process whereby a partnership is automatically dissolved or brought to an end by the happenings of any event which makes it unlawful to carry on the business.
The ordinary shareholders enjoy the following right except the right to ...
The authority of the Accountant General to disburse from government fund is called ...
A system where a separate cash book is maintained for small payments is ...
.........................31 Dec. 05........31 Dec. 06 Total fixed assets.........N7,800.............
Which of the following is used to service all operations of government? ...
Which of the following is not prepared by a partnership? ...
The concept of Double Entry Book-Keeping states that ...
Use the following information to answer the given question. \(\begin{array}{c|c} & ₦\\ \hli...
The accounts maintained in the nominal ledger are ...
\(\begin{array}{c|c} & ₦ \\ \hline \text{Opening stock of raw materials} & 24,750\\ \text{...