The concept which underlines double entry bookkeeping is<...
The concept which underlines double entry bookkeeping is
Money measurement concept
Historical cost concept
Accrual concept
Duality concept
Correct answer is D
Dual aspect concept ensures the mathematical accuracy of all records. It states that there are two aspects of accounting: one debit and one credit.
To account for expenses paid by head office on behalf of the branch, the branch should ...
Use the information to answer the given question \(\begin{array}{c|c} Dr & & & &...
Use the following information to answer the given question \(\begin{array}{c|c} & DR & CR...
The factor that determine the periodic depreciation charge are? ...
To show the evidence of payment to a government ministry, the revenue collector issues a ...
The Assets and liabilities of Udo Co.ltd. as at 31st December, 2000. Creditors N50,000 Debtors N...
Carriage outwards is charged to the ...
When allotment of shares is made applicants for shares of a company become ...
Which of the following is the equivalent of the receipts payment accounts? ...